Logo of Phnom Penh Post newspaper Phnom Penh Post - Cambodia's quarterly tax revenue hits $761M

Cambodia's quarterly tax revenue hits $761M

Traffic passes by the General Department of Taxation headquarters in Phnom Penh. Supplied
Traffic passes by the General Department of Taxation headquarters in Phnom Penh. Supplied

Cambodia's quarterly tax revenue hits $761M

Cambodia's tax department collected $761 million in revenue during the first quarter of the year, according to Kong Vibol, head of the General Department of Taxation, a number almost identical to last year’s first-quarter total of $760 million.

The tax department has undertaken a series of reforms to increase revenue in recent years, including conducting a series of audits for businesses in the country.

Last year the tax department collected $1.93 billion in tax revenue, a 30 percent increase over 2016. The figure exceeded even the department’s own projections.

MOST VIEWED

  • Sneaky simians mob man, snatch Covid-19 samples

    Monkeys mobbed an Indian health worker and made off with coronavirus test blood samples, spreading fears that the stealing simians could spread the pandemic in the local area. Indian authorities often have to grapple with primates snatching food and even mobile phones. After making off

  • Public warned of dengue risks amid rainy season

    Minister of Health Mam Bun Heng has issued an eight-point plan to destroy mosquitoes carrying dengue fever amid the rainy season. In a four-page directive, Bun Heng warned that while the number of dengue cases has dropped sharply compared to last year, it could increase

  • Thirteen charged in UK migrant lorry tragedy

    Thirdteen suspects arrested by French police over the deaths of 39 Vietnamese migrants in a refrigerated lorry in Britain have been charged with people trafficking, a judicial source said on Saturday. Six of the group – mainly Vietnamese and French nationals – were held on Tuesday in the

  • Cambodian Blue Helmet dies of virus

    The last rites for Cambodian Blue Helmet peacekeeper Sar Savy, who died on Friday at 63 from Covid-19 while on a mission in the Republic of Mali, will be held on Wednesday and Thursday at the UN base there. Cambodia’s National Centre for Peacekeeping Forces

  • World Bank donates $15 million in aid

    The World Bank on Friday approved $15 million for a medical training system to help Cambodia equip doctors with more skills before they start work. The budget, which was granted by the International Development Association (IDA), is intended to improve health care services. The World Bank

  • Ministry signs MoU to develop ICT training

    The Ministry of Education, Youth and Sport on Friday signed a Memorandum of Understanding (MoU) with IT Academy STEP Cambodia (STEP) to further develop the Sisters of Code project. The project trains female students in computer programming, and enhances information and communication technology (ICT) textbooks