The General Department of Taxation (GDT) of the Ministry of Economy and Finance collected some US$300 million as tax income in the first month of 2023, up 4.29 percent compared to that of December 2022.

The figures were released in a monthly meeting held on Feb. 16 under the chairmanship of GDT Director General H.E. Kong Vibol.

“The tax income now reached 8.42 percent of the yearly plan,” the director general said, reaffirming that the GDT will try its best to collect tax income with efficiency.

The Kingdom has two institutions responsible for the collection of taxes. While the GDT focuses on interior taxes, like income tax, salary tax, value-added tax and property tax, the General Department of Customs and Excise (GDCE) collects taxes on goods entering and leaving the country.

Source: Agency Kampuchea Press