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GDT transport revenue hits 123% of year’s target after tech improvement

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Vehicles travel along Preah Monivong Boulevard in Phnom Penh. Hong Menea

GDT transport revenue hits 123% of year’s target after tech improvement

The General Department of Taxation (GDT), year-to-date, has recorded revenues from taxes on means of transportation equivalent to 123 per cent of the full-year target, topping $100 million, reflecting the effectiveness of the agency’s technology-modernisation drive aimed at improving convenience for taxpayers, according to its director-general Kong Vibol on December 9.

Vibol was speaking at an event held to highlight the progress made on work on the underlying data management solutions for the GDT’s e-Tax Services.

He affirmed that revenues from taxes on means of transportation have been trending up, which he credited to “better services provided through information technologies, especially the very convenient GDT Taxpayer App developed by the general department”.

Royal Academy of Cambodia economics researcher Ky Sereyvath attributed the continuing increases in overall tax revenues to tax transparency and taxpayer awareness.

“We’ve noted that the GDT has stuck to its in-depth reforms in modernisation to better manage tax collection and provide better services to taxpayers,” he said.

Using a 4,050 KHR/USD conversion rate, the GDT reported its revenues for the first 10 months of 2022 at $2.946 billion, or 104.48 per cent of the $2.820 billion target set for this year. The 10-month total marked a year-on-year increase of $624.31 million, or 26.9 per cent.

Vibol added that the GDT Taxpayer App allows vehicle owners to pay their annual levies without a trip to the bank, and provides doorstep delivery of road tax stickers.

He warned that, from January 2023, road authorities nationwide will be on the lookout for anyone who has not paid their owed taxes on means of transportation, or related dues, pointing out the November 30 deadline.


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