News

PM says film industry to be tax-free until 2023

Prime Minister Hun Sen said on Wednesday that the government will not tax the Cambodian film industry until at least 2023, and even until 2028 should he be elected the Kingdom’s next leader.

Speaking at an event attended by 4,000 people to celebrate National Cultural Day on Koh Pich, he said: “The government had decided to allow local film companies not to pay tax for three years, until 2018.

“But to further support the film industry, the government has decided to allow it not to pay tax for a further five years, until the end of 2023,” he said.

He said he would continue to meet directors and film stars every year as prime minister and would serve in the capacity for not less than another 10 years, during which time he will continue to support the film industry for a further decade without the interruption of any “poisonous beast”.

Hun Sen encouraged filmmakers to make Cambodian films more interesting, not only for home audiences but with an eye on the international market.
Continue full article at https://phnompenhpost.com

Leave a Reply

Close