A Change of Guard

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Wednesday 20 May 2015

Cambodia generates over $200 million from tax in April 2015


Published: 19-May-15 

PHNOM PENH (The Cambodia Herald) -- Cambodia earned some 204 million US dollar from taxes in April of 2015, up 41 percent if compared to the same period last year, according to a report of General Department of Taxation on Monday. 

Last year, the country collected 1.06 billion US dollar in tax revenue, up 18 percent compared with a year earlier. 

Cambodia has two institutions that are responsible for collecting taxes. One is the General Department of Taxation (GDT), which collects taxes such as income tax, VAT (value added tax), merchandise and service tax, road tax and property tax; and the General Department of Customs and Excise (GDCE) have collected imported and exported taxes.  

1 comment:

Kim Ea said...

lot of free tax for the rich and famous but a lot of enforce tax for the poor and an fortunate Khmer citizen .