Revenues for first seven months double to $1.6bn
The government has collected 6,557 billion riel, or about $1.6 billion, in revenues in the first seven months of 2011, a figure that is twice that of the $801 million in revenues that were collected during the same period last year, data released by the Ministry of Finance this week showed. Tax revenues, which include taxes on income, profits, capital gains, and taxes on goods and services, as well as taxes on international trade like the import of oil and customs taxes, jumped from $652.2 million last year to $1.34 billion in 2011…
