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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.

phnompenh post

 

 

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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.

phnompenh post

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