Logo of Phnom Penh Post newspaper Phnom Penh Post - Work together to empower the tax landscape: GDT

Work together to empower the tax landscape: GDT

Content image - Phnom Penh Post
The tax department (GDT) has called on relevant institutions to use GDT Check & Track to help prevent tax-related issues. Hong Menea

Work together to empower the tax landscape: GDT

The General Department of Taxation (GDT) has reiterated a call for more concerted efforts from all stakeholders to ensure effectiveness, compliance, transparency and accuracy in tax matters.

The latest plea comes after a fresh series of cases were discovered through a GDT app, where taxpayers had submitted fake documents and stamps, resulting in losses for state coffers, the department said in a statement obtained by The Post on June 9.

The department called on “relevant institutions” to use GDT Check & Track to “contribute to the prevention of document fraud, tax evasion and fraud”.

The GDT said it has set proactive work rules and introduced a series of apps and other IT systems to, inter alia, strengthen good governance, service delivery, and tax revenue collection.

At a June 8 workshop, the department’s director-general, Kong Vibol, said GDT Check & Track would allow taxpayers to check the status and authenticity of a wide range of documents, monitor tax receipts and revenues, and verify the identities of tax officials – including those managed or engaged with through other apps.

Available on Android and iOS 11.0 or later, the app provides a means to prevent fraud, tax evasion, unnecessary complications for property owners, and losses in state revenue from stamp duties and other taxes, Vibol said.

He called on relevant ministries and institutions to scale up cooperation with the GDT to boost efficiency in revenue collection, strengthen good governance in and improve the administration of government bodies, and above all maintain macroeconomic stability and a good business environment for fair market competition.

Royal Academy of Cambodia economics researcher Ky Sereyvath noted that tax evasion and discrepancies in revenue collection were nothing new, but voiced optimism in the GDT’s IT-driven tools’ ability to curtail tax evasion and other kinds of fraud, “because everything is in the hands of the leaders of this economic institution”.

“The victims of tax leakage and evasion are those who pay taxes, especially the stamp duty associated with the sale of land and other real estate … and the government loses revenue, which leaks into the pockets of delinquents,” he said.

MOST VIEWED

  • Angkor lifetime pass, special Siem Reap travel offers planned

    The Ministry of Tourism plans to introduce a convenient, single lifetime pass for foreign travellers to visit Angkor Archaeological Park and potentially other areas. The move is designed to stimulate tourism to the culturally rich province of Siem Reap as the start of the “Visit

  • Exclusive interview with Josep Borrell Fontelles, High Representative of the EU

    CAMBODIA is hosting the 55th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings this week with top officials from the US, China, and Russia and other countries in the region slated to attend and to meet with face-to-face with their counterparts on the sidelines. In

  • ASEAN Foreign Ministers’ meet commences, Taiwan issue possibly on table

    The 55th ASEAN Foreign Ministers’ Meeting (AMM) and related meetings hosted by Cambodia kicks off in Phnom Penh on August 3, with progress, challenges, and the way forward for the ASEAN Community-building on the table. Issues on Taiwan, sparked by the visit of US House Speaker

  • Pailin longan winery tries to break through to the big time

    Longan aren’t quite as glamorous as some fruits. They don’t have the star-power of mangos or generate the excitement of a pricey seasonal niche fruit like the pungent durian. Unlike bananas or oranges, which are known and loved everywhere, longan remains a decidedly

  • Recap of this year’s ASEAN FM meet and look ahead

    This year’s edition of the ASEAN Foreign Ministers’ Meeting (AMM) hosted by Cambodia comes against the backdrop of heightened global tensions and increasing rivalry between major powers that have been compared to the animosity of the Cold War era. The following is The Post’

  • Siem Reap action plan for tourism in motion

    The action plan for the Siem Reap Tourism Development Master Plan (2022-2023), focusing on six priority destinations, has been implemented to boost tourism and regain pre-Covid tourist numbers in the province. The action plan sets out 17 strategies and 37 implementation activities for: Angkor Archaeological Park, Phnom