Login Register

Logo of Phnom Penh Post newspaper Phnom Penh Post - GDT sees over $1.5B through August

GDT sees over $1.5B through August

| Publication date 12 September 2018 | 10:24 ICT

Content image - Phnom Penh Post
Traffic passes in front of the General Department of Taxation office in Phnom Penh. Hong Menea

GDT sees over $1.5B through August

Cambodia's General Department of Taxation (GDT) collected more than $1.5 billion in revenue during the first eight months this year, an increase of 12 per cent compared to the same period last year, the department’s report said.

Released on Monday, the document summed up tax revenue results issued during an official meeting last month. Revenue was up by $168 million or some 12.5 per cent year-on-year.

The report showed tax revenue collected in August alone was about $146.91 million – equivalent to 7.64 per cent of the total and an increase of $18.57 million over last August.

Cambodia collected more than $1.93 billion in tax revenues last year, a 30 per cent increase over the year before.

Contact author: Kun Kourchettana

MOST VIEWED

  • 12th Cambodia int’l film festival to see return of Hollywood star

    Phnom Penh is set to come alive with the magic of cinema as the highly anticipated 12th Cambodia International Film Festival (CIFF) takes centre stage. Boasting an impressive line-up of 188 films from 23 countries, including captivating shorts, feature films, documentaries and animation, the festival promises an

  • Bareknuckle champion wants Kun Khmer fighter

    Dave Leduc, who is the current openweight Lethwei boxing champion in Myanmar, has announced that he will travel to Cambodia this year to challenge SEA Games gold medallist Prum Samnang any time that is convenient, after their planned match later this month in Slovakia was

  • Struggling Battambang artist dreams of staging full-scale gallery exhibition

    Leav Kimchhoth, a 55-year-old artist from Battambang province, is a familiar face to locals and tourists alike on the streets of the riverside in Phnom Penh. The one-armed painter and illustrator often hawks his work near the night market on weekends and public holidays. He

  • Fresh Covid warnings as Thai hospital fills

    A senior health official reminds the public to remain vigilant, as neighbouring countries experience an increase in Covid-19 cases, with the latest surge appearing to be a result of the Omicron XBB.1.5 sub-variant. Or Vandine, secretary of state and spokeswoman for the Ministry of Health,

  • Five-year-old Hanuman dances his way into hearts of Cambodia

    A young talent from a new-established settlement has emerged, captivating the online world with his mesmerising performances of the traditional Cambodian monkey dance. Roeun Kakada is a five-year-old prodigy who has taken the social media sphere by storm with his exceptional dance skills and dedication

  • New Law on Taxation comes into effect

    Cambodia has enacted the eagerly-awaited new Law on Taxation, which aims to improve the national tax regime’s compliance with present and future international standards and economic conditions; encourage accountability, effectiveness and transparency in the collection process; and promote investment in the Kingdom. King Norodom

Related articles