What is the special tax holiday adopted by the Cambodian government under the epidemic situation?

The minimum tax exemption period is two months. The Cambodian government issued the fifth special tax holiday to deal with the epidemic, help enterprises and help the poor and vulnerable groups tide over the epidemic.

The new round of measures to deal with the epidemic will extend the preferential period of tax reduction and exemption for major economic sectors hit hard by the epidemic. For tourism in Phnom Penh, Siem Reap, Sihanoukville, Baima, Kampot, Bayu and Bi Bo, including hotels, inns and travel agencies, the tax-free preferential period will be extended to eight or nine months, including extending the minimum tax-free period enjoyed by the civil aviation industry for two months. Help enterprises tide over the difficulties.

According to the statement, the government will continue to pay two-month subsidies to workers in garment, shoemaking and travel goods factories who are temporarily unemployed, with a monthly subsidy of 40 US dollars until the end of September. The management subsidizes workers by $30 a month. Employees of hotels, inns, restaurants and travel agencies who are temporarily unemployed receive a monthly subsidy of $40 until the end of September. At the same time, the second round of livelihood relief measures will be launched in August and September to promote economic reconstruction after the epidemic.

Cambodian Prime Minister Hun Sen announced that the government has introduced measures to help poor households tide over the epidemic. According to the government, people can receive epidemic prevention aid with poverty certificate. Among them, the first round of people's livelihood relief measures against the epidemic distributed relief funds to 560,000 families, with a total amount of about 25 million US dollars.

At present, in the second round of poverty certificate processing, the number of families who have obtained poverty certificates has increased by 50,000, about190,000.

Under the epidemic situation, governments all over the world have taken different measures to help people tide over the difficulties. This epidemic has caused great damage to the economies of various countries. People's lives have also been affected. The government's actions have helped people and enterprises reduce the pressure. Finally, I hope that the epidemic will pass as soon as possible, people will return to normal life and enterprises will resume normal production as soon as possible. I hope that all countries can join hands and carry out a number of cooperation to fight the epidemic and strive for an early victory in stopping the epidemic.