Criticism for Cambodia’s tax revenue
Cambodia’s tax revenue increased 16 per cent in the first half of this year compared to the corresponding period last year – a rise economists have attributed to improvements in the Kingdom’s economy. Critics, however, say it amounts to little compared to the national gross domestic product (GDP). Data from the Customs and Excise General Department shows total tax revenue collected was US$454 million during the first half of 2012, compared with $391 million in the corresponding period last year. …
