Logo of Phnom Penh Post newspaper Phnom Penh Post - Gov’t taps Wing for tax collection

Gov’t taps Wing for tax collection

Cambodians could soon be able to pay tax via Wing.
Cambodians could soon be able to pay tax via Wing. Hong Menea

Gov’t taps Wing for tax collection

The government yesterday signed an agreement with Wing (Cambodia) aimed at leveraging the company’s mobile money platform and extensive nationwide network of agents to facilitate the collection of tax payments.

Chou Kimleng, secretary of state with the Ministry of Economy and Finance, said that following the signing of a memorandum of understanding between the ministry and Wing, taxpayers would soon be able visit any Wing agent to pay their property or vehicle tax. He said the new arrangement would ingrain tax payment into mainstream culture while increasing the transparency and efficiency of revenue collection.

“Wing’s service will provide convenience and satisfaction to taxpayers,” he said.Wing chief executive Jojo Malolos said the new tax collection service would be rolled out in the coming months, starting with 60 Wing Cash Express agents in key districts before becoming available at more than 3,600 outlets nationwide.

“Now customers, especially those in the far rural areas, don’t need to physically go to the tax office and line up, which can be a time-consuming task,” he said. “More importantly, this [service] is free of charge to all taxpayers and the posting of their transactions is in real time.”

The government has increasingly outsourced payment collection in a bid to lighten the workload on tax department offices, reduce corruption and make payment more convenient for taxpayers. In June 2012, it designated Canadia Bank as a representative to handle some tax payments. Acleda Bank became a designated representative in May 2014.

Malolos said the government’s decision to appoint Wing to assist in tax collection would increase financial inclusion and bring payment points closer to those living in remote areas beyond the reach of tax department offices and commercial banks.

“This partnership is a long-term commitment to promote economic growth in the country, where Wing plays a key intermediary role to bridge informal financial transactions to formal ones,” he said.

MOST VIEWED

  • Virus tops 84 with new cases in S’ville

    The Ministry of Health on Sunday night confirmed another 31 cases of coronavirus infections, bringing the Kingdom’s total to 84 and it highest daily tally. There have been no fatalities thus far. The latest cases were found in 29 French tourists and their two Cambodian tour guides

  • Kingdom’s virus toll tops 84, Cambodians in Thailand rush home

    The Ministry of Health on Sunday night confirmed another 31 cases of coronavirus infections, bringing the Kingdom’s total to 84 and its highest daily tally. There have been no fatalities thus far. The latest cases were found in 29 French tourists and their two Cambodian tour guides

  • NBC calls for cashless payments

    The National Bank of Cambodia (NBC) has urged government ministries, financial institutions and the public to conduct cashless payments via electronic systems where possible to combat the spread of Covid-19. “To contribute to the prevention of Covid-19, the National Bank of Cambodia encourages financial institutions

  • CEO held for fraud in Siem Reap

    Over 200 individuals gathered in front of the Siem Reap Provincial Court last week to ask that Dim Suonnath, the CEO of a real estate company being held for fraud, take responsibility for compensating some 2,000 residents who invested with him. The request was denied. Suonnath responded

  • Ministry calls for home schooling

    Minister of Education, Youth and Sport, Hang Chuon Naron appealed to parents of students to provide home education in a proper environment and help them obtain more learning materials. The ministry also allowed schools to take a premature vacation after several people tested positive for

  • Cross-border deal inked to maintain trade amid Covid-19

    Cambodia and Vietnam have agreed to allow cargo trailers to enter the common Bavet-Moc Bai border, located in Cambodia’ Svay Rieng province (Bavet) and Vietnam’s Tay Ninh province (Moc Bai) after movement restrictions were enforced to prevent a Covid-19 outbreak. The decision was made