Tax Revenue: Over US$2,800 Million Collected in 2019
AKP Phnom Penh, January 23, 2020 --

Cambodia has collected more than US$2,819 million as tax revenue for the whole year 2019, up 23.20 percent of the annual plan, according to figures from the Ministry of Economy and Finance.

From January to December 2019, the General Department of Taxation at the Ministry of Economy and Finance earned an income surplus of some US$530.92 million.

The same source explained that the growth of tax revenue derived from the increase of tax on income by 28.87 percent, value-added tax by 31.05 percent, special tax by 30.72 percent, tax on salary by 18.21 percent, property tax by 68.20 percent.

In December alone, approximately US$195 million was collected as tax income, an increase by 36.85 percent from December 2018.

Deputy Prime Minister H.E. Aun Pornmoniroth appreciated the hard work of tax officials at all levels and encouraged them to continue their mission.

By Phal Sophanith

The authorities are watching, and counting...
Sihanoukville, 26 February 2020: PNN News has reported that on 20 February 2020, more than 400 owners of vehicles in Sihanoukville had yet to pay their annual road tax.

Cambodian Customs Collect Over US$3.2 Billion in 2019
Phnom Penh, February 28, 2020 --
The General Department of Customs and Excise (GDCE) of the Ministry of Economy and Finance (MoEF) earned in total more than US$3.2 billion last year, up 30 percent compared to that of 2018.

The figures were shared by H.E. Kun Nhim, Director General of GDCE, in a recent annual meeting under the chairmanship of Deputy Prime Minister and Minister of MoEF H.E. Aun Pornmoniroth.

The total collected customs revenue exceeded some 42.7 percent of the yearly plan, added H.E. Kun Nhim.

The main revenue sources are the imports of vehicles and machinery which accounts for 52.7 percent of the total revenue, he underlined.
https://www.akp.gov.kh/post/detail/26870

Vehicle Taxes to Be Collected Next Month
AKP Phnom Penh, May 27, 2020 --

Collection of vehicle taxes for 2020 will take place from June 1 until the end of November, according to the Ministry of Economy and Finance (MoEF), warning that those who fail to fulfill their road tax obligations will be fined.

A ministry’s announcement issued earlier this week said that vehicle owners shall submit tax declarations and payments at provincial or district taxation departments or at MoEF-partnered banks including Canadia Bank Plc., ACLEDA Bank Plc, Vattanac Bank, Cambodia Public Bank Plc. or any other partnered banks.

From January 1 2021, the MoEF’s General Department of Taxation will cooperate with relevant competent authorities to check vehicle tax declarations and fine those who have not yet paid their vehicle taxes, the announcement added.

Last year, about US$1 million was collected in fines from over 5,000 vehicle owners who did not pay their 2019 road taxes on time.

By Chea Vannak
AKP

Cambodia Collects $1.6B Tax Revenue in Six Months

Phnom Penh, Jul. 11 – In the first semester of 2020, the General Department of Taxation has collected tax revenue for the national budget of approximately USD 1,684.07 million, increased by USD 181.68, an equivalent to 12 percent compared to same period in 2019, according to the press release dated 10 July 2020.
- Fresh news

Cambodia Collects Almost US$1.9 billion as Fiscal Revenue in First Seven Months
AKP Phnom Penh, August 14, 2020 --

The General Department of Taxation (GDT) collected 7,605.46 billion Riel (approximately US$1,877.89 million) as tax revenue in the first seven months of this year, a 9.6 percent increase compared to the same period last year.

The revenue, shared by GDT at a recapitulative meeting held here yesterday under the presidency of its Director General H.E Kong Vibol, represents nearly 66 percent of the yearly plan.

According to a press release issued after the meeting, the increase in tax revenue derived from two main sources – Value Added Tax (VAT) and income tax which rose by 3.17 percent and 22.71 percent, respectively.
- AKP

Cambodia Collects Over US$2.2 Billion as Tax Revenue in First Nine Months
AKP Phnom Penh, October 13, 2020 --

The General Department of Taxation (GDT) collected 9,015.08 billion Riel (approximately US$2,225.95 million as tax revenue up to the third quarter of this year, a 3.71 percent increase compared to the same period last year.

The revenue, shared by the GDT at a recapitulative meeting held here on Monday under the presidency of its Director General H.E Kong Vibol, represents nearly 78.10 percent of the yearly plan.

According to a press release issued after the meeting, GDT collected 752.20 billion Riel (approximately US$186.22 million) as tax revenue in September alone, down 18.75 percent compared to September 2019.

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 e-filling system, reinforcement of tax collection and so on.

The Royal Government has targeted to collect 11,543 billion Riel (some US$2,885 million) as tax revenue this year.

By Phal Sophanith
AKP

PM HE: Cambodia's Economy Expects to Recovers in 2021; Tax Collection Reached $4.5B
26/11/20 00:31
Phnom Penh (FN), Nov. 25 – Cambodian Prime Minister HE said on Wednesday that Cambodian economy growth will recover in 2021.

He said although the economy is affected by COVID19 crisis, the volume of the Kingdom's exports increased by 18 percent, speaking in a meeting with the government lawyers at the Peace Palace.

In the first eight months of 2020, Cambodia's exports reached USD11.7 billion, an increase of 18 percent, according to the report of the Ministry of Economy and Finance.

“So far, our total revenue reaches USD 4.5 billion, of which USD 2.5 billion comes from tax revenue and USD 2.1 billion comes from customs revenue. Therefore, it has reached to nearly USD 5 billion this year,” said the premier.
FRESH NEWS

In the first eight months of 2020, Cambodia's exports reached USD11.7 billion, an increase of 18 percent,

In the first eight months of 2020, Cambodia's Imports reached USD ???????, an increase of ?? percent.

Announcement on checking the tax payments on all kinds of transportation and vehicles of the year 2020
Cambodia News, Phnom Penh: The General Department of Taxes of the Ministry of Economy and Finance has announced the inspection of tax payments on all kinds of vehicles for 2020.