Over US$1.5 Billion Collected as Tax Revenue in First Semester

The General Department of Taxation (GDT) collected some 6,139 billion Riel (approximately US$1,515 million) as tax revenue in the first semester of this year, a decrease of 10.60 percent compared to the same period last year.

The revenue, shared by the GDT at a recapitulative meeting held here on Tuesday under the presidency of its Director General H.E Kong Vibol, represents 67.58 percent of the yearly plan.

H.E. Kong Vibol advised his line officials to continue to implement strictly and effectively the government’s in-depth reform policy through key measures including strengthening and management of tax reforms, enhancement of Tol e-filling and e-filling system, reinforcement of tax collection and so on.

The Royal Government has targeted to collect about US$2,243 million as tax revenue this year.

Source: Agency Kampuchea Press