Tax revenue up from 2011

Cambodia collected $633 million in taxes over the first 10 months of this year, a 31 per cent rise from $483 million over the same period last year, according to the General Department of Taxation. However, an opposition watchdog claimed the amount is still far below the real tax rate, saying corruption is behind the low collection. Speaking in a monthly meeting, Kong Vibol, director general of the General Department of Taxation, urged tax officials to enforce law and order to collect more revenues for the state coffers. …

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