Tax revenues grow state coffers by $1.3B

Revenue from tax collection jumped 25 per cent in 2015, government officials revealed yesterday, saying the tax department has collected about $1.3 billion on the back of better compliance and awareness among the private sector.

At a seminar in Phnom Penh, Kong Vibol, director of the General Department of Taxation (GDT), said the increase was not a result of an increase in the tax rate, which has remained unchanged, but rather that businesses are now more aware of their tax obligations, helping boost collection this year. …

Sor Chandara
http://www.phnompenhpost.com/business/tax-revenues-grow-state-coffers-13b