Cambodia earns 6 bln USD in taxes last year

The Cambodian government earned 6 billion U.S. dollars in income from tax and customs in 2019, exceeding its target, an English-language daily newspaper reported on Thursday.

From January to December, the General Department of Taxation and General Department of Customs and Excise, both under Ministry of Economy and Finance, received an unexpected increase in income of 1.48 billion dollars, the Khmer Times reported, citing figures from the Ministry of Economy and Finance.

The government set its budget target at about 4.56 billion dollars in fiscal revenue, of which 2.26 billion dollars was expected from customs and excise and 2.3 billion dollars from tax.

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