Government
Taxation
GDT’s tax collection target for 2023 up by $750M
The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, Minister attached to the Prime Minister and Delegate of the Royal Government in ...
Manoj Mathew
https://www.khmertimeskh.com/501175487/gdts-tax-collection-target-for-2023-up-by-750m/
GDT revenues 96% of full-year goal
The General Department of Taxation (GDT) announced that it collected $2.69338 billion in tax revenues in the first nine months, equivalent to 95.53 per cent of the full-year target for 2022. This leaves just three months to reach the prescribed 11.419 trillion riel ($2.820 billion). ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-revenues-96-full-year-goal
$20M collected as deadline looms for right-hand-drive tax payments
The General Department of Customs and Excise of Cambodia (GDCE) has collected $19.73 million in levies on previously-untaxed right-hand-drive (RHD) vehicles in the 90 days to October 4, in Phase II of its campaign to get owners of such vehicles to comply with their tax ...
Hin Pisei
https://www.phnompenhpost.com/business/20m-collected-deadline-looms-right-hand-drive-tax-payments
Tax revenue rises to $2.02 billion in nine months
The General Department of Customs and Excise (GDCE) collected $2.02 billion in tax income in the January-September period of this year, a 19 percent increase compared to the same period last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501163250/tax-revenue-rises-to-2-02-billion-in-nine-months/
Income tax revenue hits $250m a month
Cambodia’s income tax revenue has grown to $250 million a month as the private sector continues to grow, according to Prime Minister Hun Sen. ...
Chhorn Raksmey
https://kiripost.com/stories/income-tax-revenue-hits-250m-a-month
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/
Cambodia starts collecting VAT on e-commerce from today
The implementation of value added tax (VAT) on e-commerce will start today after a three-month delay. ...
Khmer Times Staff
https://www.khmertimeskh.com/501050858/cambodia-starts-collecting-vat-on-e-commerce-from-today/
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