Cambodia exceeds tax collection goal

Cambodia’s good economic performance last year helped it surpass its tax collection targets by more than 34 per cent.

Its sound macro-economic performance coupled with political stability resulted in collections of US$6 billion in tax last year, up more than US$1.485 billion from the government’s target.

The Phnom Penh Post said that of the figure, US$2.26 billion was collected by the General Department of Customs and Excise, and US$2.3 billion by the General Department of Taxation.

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