Tax revenue surges 29% YoY in first nine month of 2017
/ October 11, 2017
Tax revenue collected by the General Department of Taxation (GDT) came to $1.54bn in the first nine months of 2017, surging 29% YoY, according to a press release yesterday. The figures provided by the GDT showed that value-added tax collections soared by 41.9% YoY, while profit tax revenue increased by 33.2% YoY. In addition, special tax revenue—which includes additional fees on automobile parts, cigarettes, beer, and alcohol—increased by 12.5% YoY during the period, with income tax growing by 4.2% YoY. (Source: Phnom Penh Post)
