News Formal

Cambodia gives 3-month tax breaks to aviation companies to offset Covid-19 impact

  • 📰 staronline
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 75%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

PHNOM PENH: The Cambodian government on Tuesday (March 31) decided to give tax breaks for three months to aviation companies to help offset losses caused by the Covid-19 (coronavirus) outbreak, according to a press statement.

"Cambodia's aviation companies will be provided a minimum tax exemption for three months, starting from March to May, 2020," the statement said.

According to the statement, the government also granted a three-month tax holiday, from March to May, 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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Study shows potential impact on football’s transfer market of Covid-19 pandemic | Malay MailLAUSANNE, March 30 — The coronavirus pandemic which has caused football to grind to a halt will also have a major impact on the transfer market value of players in Europe’s leading leagues, according to a study published today. The total market value of players in Europe’s ‘Big Five’...
Source: malaymail - 🏆 1. / 86 Read more »