GDT Collects US$1.286 Million as Tax Income in First Seven Months

The General Department of Taxation (GDT) of the Ministry of Economy and Finance collected more than 5,145 billion Riel (roughly US$1,286 million) during the first seven months of this year, pointed out H.E Kong Vibol, Director General of GDT, in a monthly meeting held here late last week.

This amount of the state income saw an increase by 1,325 billion Riel (some US$331 million) or 34.71 percent compared to the same period last year, and is equivalent to 75 percent of the target set in the budget law for 2017, he added.

Last year, US$1,497 million were collected as tax income � almost 15 percent or US$194.62 million increase, compared to 2015.

Source: Agency Kampuchea Press