Cambodian Human Rights Committee Remarks on Recent Case of Detained Soldiers and Thai Response | CMAC Confirms Expertise on MK-84 Bomb as Evidence Supports Cambodia’s Claims | U.S. Pledges Full Support for Cambodia–Thailand Ceasefire in Meeting with General Tea Seiha | UN Agencies Join Government Field Visit to Assess Needs of Displaced Communities in Oddar Meanchey and Siem Reap | Cambodians Worldwide Stand for Peace as PM Pushes for Release of Soldiers Held by Thailand | TOP NEWS: Cambodia and Thailand Agree to Ceasefire and Establish Mechanisms for Border Stability | TOP NEWS: Cambodia, Thailand Reach Critical Agreements in Bid to Ease Border Tensions | TOP NEWS: Cambodian Prime Minister Hun Manet Nominates Donald Trump for Nobel Peace Prize | U.S. Welcomes Progress in Cambodia-Thailand Ceasefire Efforts | Techo Hun Sen Addresses Escalating Cambodia–Thailand Border Incidents | Japan Welcomes Cambodia-Thailand Ceasefire Mechanism Agreement | BREAKING: Two Malaysian Tourists Set on Fire in Bangkok, Suspect Arrested | Thailand Taps Former Beauty Queen Panadda Wongphudee to Counter Cambodia’s Defence Spokeswoman | BREAKING: THIRD LANDMINE BLAST INJURES THAI TROOPS NEAR CAMBODIAN BORDER, SPARKING DIPLOMATIC CLASH | BREAKING: Thai Patrol Hit by Landmine Near Thai Border—Cambodia Rejects Accusations | BREAKING : Cambodian Mine Authority Denies Thailand’s Allegations of New Landmine Use |
Cambodian Human Rights Committee Remarks on Recent Case of Detained Soldiers and Thai Response | CMAC Confirms Expertise on MK-84 Bomb as Evidence Supports Cambodia’s Claims | U.S. Pledges Full Support for Cambodia–Thailand Ceasefire in Meeting with General Tea Seiha | UN Agencies Join Government Field Visit to Assess Needs of Displaced Communities in Oddar Meanchey and Siem Reap | Cambodians Worldwide Stand for Peace as PM Pushes for Release of Soldiers Held by Thailand | TOP NEWS: Cambodia and Thailand Agree to Ceasefire and Establish Mechanisms for Border Stability | TOP NEWS: Cambodia, Thailand Reach Critical Agreements in Bid to Ease Border Tensions | TOP NEWS: Cambodian Prime Minister Hun Manet Nominates Donald Trump for Nobel Peace Prize | U.S. Welcomes Progress in Cambodia-Thailand Ceasefire Efforts | Techo Hun Sen Addresses Escalating Cambodia–Thailand Border Incidents | Japan Welcomes Cambodia-Thailand Ceasefire Mechanism Agreement | BREAKING: Two Malaysian Tourists Set on Fire in Bangkok, Suspect Arrested | Thailand Taps Former Beauty Queen Panadda Wongphudee to Counter Cambodia’s Defence Spokeswoman | BREAKING: THIRD LANDMINE BLAST INJURES THAI TROOPS NEAR CAMBODIAN BORDER, SPARKING DIPLOMATIC CLASH | BREAKING: Thai Patrol Hit by Landmine Near Thai Border—Cambodia Rejects Accusations | BREAKING : Cambodian Mine Authority Denies Thailand’s Allegations of New Landmine Use |

Cambodia Starts 2024 with $300 Million in Tax Revenue

  • Posted Feb 21, 2024 11:07 by Anthony Ellis
  • 2824
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PHNOM PENH: Cambodia's General Department of Taxation (GDT) collected US$298.55 million in tax revenue during January 2024, marking a 0.68% decrease compared to the same period in 2023.

Though slightly lower than last year, the collected amount still represents 7.17% of the annual target, according to a GDT report released on Monday.

Notably, the report highlights the growing importance of e-commerce VAT, with US$8.67 million collected from non-resident e-commerce companies like Google, Facebook, YouTube, Alibaba, Microsoft, and TikTok in January alone. This comes since the e-commerce VAT implementation in April 2022.

For context, Cambodia has two primary tax-collecting institutions: the GDT (responsible for internal taxes) and the General Department of Customs and Excise (GDCE) which manages import and export taxes.

In 2023, the GDT reported a 4.5% increase in annual revenue, reaching US$3.61 billion. While January 2024 shows a minor decline, the growing contribution of e-commerce VAT suggests potential for increased revenue in the future.


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