Cambodia is seeking to squeeze more from less as the government ramps up tax collection amid a slowing economy.
While the nation previously had some of Asia’s lowest tax rates, the bid to boost state coffers threatens to discourage private business at a time the nation needs new growth drivers.
Last year, the General Department of Taxation (GDT) collected US$2.2 billion in taxes, up roughly 28% from 2018.
In full: https://asiatimes.com/2020/03/taxman-seeks-more-from-less-in-cambodia/
