The Cambodian government is studying the possibility of introducing a tax on e-commerce sales and designing policies to support the expansion of the sector, as online trade is accelerating economic growth in the Kingdom.

The comments came on Wednesday at a discussion seminar on online taxation, or e-tax, led by Finance Minister Aun Pornmoniroth. The conference focused on the progress of e-commerce in Cambodia in the context of the global digital economy.

In a statement, the Ministry of Economy and Finance (MEF) noted a remarkable increase in the use of technology across most business sectors, with consumers especially embracing new methods for online payments.

The comments reflected a US Department of Commerce report released this year.

“Cambodians are adopting e-commerce both as consumers and merchants, and there is significant untapped market potential in the sector fueled by exploding internet access, high smartphone penetration and a young, growing middle class,” the report said.https://www.phnompenhpost.com/business/kingdom-mulls-tax-e-commerce-booms