Cambodia extends tax holidays for airlines, tourism establishments for another 3 months

Source: Xinhua| 2020-09-30 22:19:42|Editor: huaxia

PHNOM PENH, Sept. 30 (Xinhua) -- The Cambodian government on Wednesday extended tax breaks for aviation companies and tourism-related businesses for another three months to help offset losses caused by the COVID-19 pandemic, said its press statement.

"Even though people's livelihoods have been stabilized and businesses have been gradually reopened, garment-textile sector, tourism and aviation are still the hardest by the COVID-19," the statement said.

It said Cambodian airlines will be granted an extended minimum tax exemption for another three months from October to December, 2020.

Also, the government extended another three-month tax holiday from October to December for hotels, guesthouses, restaurants and tour companies in capital Phnom Penh and in Siem Reap, Preah Sihanouk, Kep and Kampot provinces, as well as in Bavet and Poipet cities.

The statement said unemployed workers in the garment-textile, footwear and travel goods sector will continue to receive 40 U.S. dollars from the government and 30 dollars from the suspended factory per month for another three months, while the jobless in tourism also get 40 dollars a month from the government for the same period.

It said the government will continue to provide a cash relief to about 689,973 poor and vulnerable families for another three months until the end of the year.

The Southeast Asian nation has so far recorded a total of 277 confirmed COVID-19 cases, a Ministry of Health's statement said on Wednesday, adding that none has died and 275 have recovered. Enditem

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011100001394102181