Government

Taxation

GDT collects $2,680 million in tax income as of Sept

The General Department of Taxation (GDT) has collected $2,680 million in tax income in three quarters of this year, representing 95 percent of the national budget plan 2022. ...

Chea Vanyuth
https://www.khmertimeskh.com/501159641/gdt-collects-2680-million-in-tax-income-as-of-sept/

Tax Law slated to be passed by end of year

A new law on taxation that has been in draft for seven years is expected to be approved by parliament at the end of the year as part of efforts to bolster the government’s tax collection process. ...

Prak Chan Thul
https://kiripost.com/stories/tax-law-slated-to-be-passed-by-end-of-year

Despite risks, GDT collection grows 28.62% in 7 months

Tax authorities have collected approximately $2.21 billion of tax revenue — 78.39 percent of the budget law in the first seven months of the year, which soared by 28.62 percent or about $491.29 million compared to the same period last year, said a release by ...

Kang Sothear
https://www.khmertimeskh.com/501133080/despite-risks-gdt-collection-grows-28-62-in-7-months/

Customs tax income up 12 percent in H1

The General Department of Customs and Excise earned $1,295 million in the January-June period of this year, up 12 percent compared to the same period last year, official report showed. ...

Khmer Times Staff
https://www.khmertimeskh.com/501126217/customs-tax-income-up-12-percent-in-h1/

Cambodia collects $3.26 billion in tax revenue in H1, up 22 percent

Cambodia collected $3.26 billion from all sources of taxes in the first half of 2022, up 22 percent from 2.67 billion dollars over the same period last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501116922/cambodia-collects-3-26-billion-in-tax-revenue-in-h1-up-22-percent/

CCF on mission to tackle counterfeits

Each year, more than 1,000 tonnes of counterfeit products are discovered and seized by officials of the General Department of Consumer Protection, Competition and Fraud Repression (CCF). The counterfeit products are usually consumer goods, including food and beverage products that can affect the health of ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national-post-depth/ccf-mission-tackle-counterfeits

GDCE collects $76 million from import tax on right-hand drive vehicles tax

The General Department of Customs and Excise (GDCE) has collected some $76 million from import tax and import duties on right-hand drive vehicles and illegal imported vehicles. ...

Khmer Times Staff
https://www.khmertimeskh.com/501108984/gdce-collects-76-million-from-import-tax-on-right-hand-drive-vehicles-tax/

Tax collection surges 28 percent to $1,726 million

Cambodia collected $1,726 million in tax income in the January-May period this year, a 27.95% increase as compared to the same period last year, according to an official statement yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501094545/tax-collection-surges-28-percent-to-1726-million/

Tax collection crosses 50 percent of financial plan

Cambodia’s tax collection went up in the first four months of this year, reflecting economic activities’ recovery since the government fully reopened the country last November. ...

Chea Vanyuth
https://www.khmertimeskh.com/501075852/tax-collection-crosses-50-percent-of-financial-plan/

Stamp duty tax exemption extended till end of 2022

The government has decided to extend the stamp duty tax exemption till the end of this year in a bid to help ease the burden on the private sector and people in the Covid-19 context. ...

Chea Vanyuth
https://www.khmertimeskh.com/501065838/stamp-duty-tax-exemption-extended-till-end-of-2022/

Tax income collection rises by 22 percent in Q1

The General Department of Taxation at the Ministry of Economy and Finance collected $1,263 million as tax income from the first three months of this year, a 22 percent increase compared to the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501060747/tax-income-collection-rises-by-22-percent-in-q1/

Cambodia starts collecting VAT on e-commerce

Cambodia started imposing value added tax (VAT) on e-commerce from April 1 after a three-month delay. ...

Khmer Times Staff
https://www.khmertimeskh.com/501053572/cambodia-starts-collecting-vat-on-e-commerce/

Tax man cometh, Cambodia’s annual compliance obligations

With the 2022 year well under way most enterprises in Cambodia are turning their attention to their annual compliance obligations. There have been some recent changes and updates with respect to the annual compliance obligations for most enterprises in Cambodia. We have included the recent ...

Khmer Times Staff
https://www.khmertimeskh.com/501043519/tax-man-cometh-cambodias-annual-compliance-obligations/

GDT collects over half a billion dollars in tax revenue from Jan-Feb

The General Department of Taxation (GDT) collected 2.07466 trillion riel, or $512.26 million, in taxes in the first two months of 2022, surging by 22.69 per cent over the same period last year, according to its director-general Kong Vibol on March 14. ...

Hom Phanet
https://www.phnompenhpost.com/business/gdt-collects-over-half-billion-dollars-tax-revenue-jan-feb

GDT rakes in $512 million in taxes in first two months of 2022

In the first two months of this year, the General Department of Taxation has collected about $512 million in taxes, an increase of more than 22% when compared to the same period last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501041398/gdt-rakes-in-512-million-in-taxes-in-first-two-months-of-2022/

Tax revenues reaches $288 million in January 2022

The General Department of Taxation (GDT) of the Ministry of Economy and Finance collected $288.23 million in the first month of this year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501028271/tax-revenues-reaches-288-million-in-january-2022/

Customs revenues reaches $2.295 billion in 2021

Approximately $2.295 billion was collected as customs revenue in 2021, about 97.1 percent of the yearly plan, according to the data from the General Department of Customs and Excise (GDCE). ...

Khmer Times Staff
https://www.khmertimeskh.com/501023830/customs-revenues-reaches-2-295-billion-in-2021/

‘Digital link’ between post, customs launched

Swisscontact, on behalf of the World Trade Organisation’s (WTO) Global Alliance for Trade Facilitation (GATF), on February 8 launched a new e-trade portal project in partnership with two Cambodian government institutions – the General Department of Customs and Excise (GDCE) and Cambodia Post. ...

May Kunmakara
https://www.phnompenhpost.com/business/digital-link-between-post-customs-launched

Cambodia extends tax breaks for tourism-related businesses for 6 more months

The Cambodian government on Wednesday extended tax holidays for tourism-related establishments for another six months from January to June 2022 in a bid to boost business activity in the COVID-hit tourism industry. ...

Khmer Times Staff
https://www.khmertimeskh.com/501022398/cambodia-extends-tax-breaks-for-tourism-related-businesses-for-6-more-months/

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