News

The Cambodian government has set a goal to exit the group of Least Developed Countries (LDCs) by the end of 2029. ...

An increase in demand for raw materials to meet the needs of domestic factories/enterprises for the production of export goods led to a rise in customs revenue in 2024. ...

Cambodia earned tax revenue of $63.1 million from casinos and game of chance operators in 2024, a year-on-year increase of 85 percent, according to data from the Commercial Gambling Management Commission of Cambodia (CGMC) released on Wednesday. ...

Micro enterprises with an annual turnover of less than 250 million riels will not be taxed, Prime Minister Hun Manet assured on Thursday evening during his special statement on the ‘One-Year Achievements of the Royal Government of the 7th Legislature of the National Assembly’ that ...

The government generated $2,909 million in revenue from tax and customs in the first half of 2024, representing 46 percent of the target set for 2024, a report from the Ministry of Economy and Finance showed on Monday. ...

In April, the Royal Government of Cambodia collected 2,090 billion riels ($508 million) in revenue, which is equivalent to 7.15 percent of the 2024 annual budget expectation, as per data published by the Ministry of Economy and Finance. ...

The General Department of Taxation (GDT) collected taxes totalling $1.18 billion during the January-March period this year, down 11.9 percent from $1.34 billion collected in the first quarter of 2023. ...

The General Department of Taxation (GDT) earned value-added tax (VAT) of $75.5 million on e-commerce in 2023, a year-on-year increase of 71 percent from $44 million recorded in 2022, an official report showed. ...

Cambodia increased its tax collection by 4.49 percent year-over-year to $3.6 billion in 2023. We exceeded our target (101.13 percent) with this year’s collection, said the General Department of Taxation (GDT) at the Ministry of Economy and Finance. ...

Cambodia generated more than $3.6 billion in 2023 through the General Department of Taxation (GDT), slightly exceeding the targets set in the 2023 Law on Financial Management and surpassing 2022’s revenue. ...

The General Department of Customs and Excise collected approximately $201.4 million of tax revenue in December 2023, which was less than the planned 12.25 percent target. ...

The General Department of Taxation (GDT) is targeting $4.162 billion in 2024, which is a 20 percent increase from the target set for the current year, according to Kong Vibol, Minister Attached to the Prime Minister and Delegate of the Royal Government In-Charge as Director-General ...

Cambodia garnered $62.8 million in e-commerce value-added tax (VAT) revenue during the first ten months of 2023, signifying a surge in electronic products and services in recent years. The income was collected from 82 non-resident taxpayer enterprises, supplying digital-related goods from abroad, according to the ...

The government has amassed over $3 billion in taxes during the first ten months of 2023, reaching 85.87% of the target set by the 2023 Law on Financial Management. ...

The General Department of Taxation (GDT) has collected $3,06 billion as tax revenue in the first ten months of 2023. ...

The government has amassed over $3 billion in revenue from the General Department of Taxation (GDT) as of October 30, which represents 85.7% of the 2023 Law on Financial Management despite the deteriorating global economic landscape affecting the region. ...

Cambodia has generated approximately $34.35 million in revenue from the American multinational technology conglomerate Meta Platforms Inc. doing business as Meta or the Facebook Value Added Tax (VAT) in 2022 and 2023, said the figures of tax revenue released Sunday by former Prime Minister Hun ...

The General Department of Taxation earned e-commerce value-added tax (VAT) income of $46 million from the operation of electronic goods and services in the first seven months of this year, according to official figures yesterday. ...

According to the online revenue management system of the General Department of Taxation, in the first half of 2023, taxes collected totalled 8,393.17 billion riels or approximately $2.072 billion. ...

Cambodia is a signatory to 10 free trade agreements (FTA) which cost the Kingdom over $400 million in lost tax revenue each year. This is nonetheless recovered by the growth of investment and export markets, said the General Department of Customs and Excise of Cambodia ...

The General Department of Taxation (GDT) registered 3,566 new businesses in the first quarter of the year, a year-on-year increase of 33 percent, a report said yesterday. ...

The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has collected more than $1.34 billion of tax revenue  in the first three months of 2023, an increase of 6.39 percent compared to the same period of the previous year, while ...

Cambodia’s General Department of Taxation (GDT) made e-commerce value-added tax (VAT) income of $20.9 million from the operations of electronic goods and services in the first quarter of 2023, a GDT report said on Monday. ...

The finance ministry’s taxation and customs departments collectively netted $1.908 billion in revenues in the first quarter of 2023, marking just over 30 per cent of the full-year target, official figures show. ...