Cambodia collects US$2.95bil in taxes in H1, down 1.6%

PHNOM PENH, July 16 (Xinhua): Cambodia collected US$2.95 billion from all sources of taxes in the first half of 2020, down 1.6 per cent from US$3 billion over the same period last year, according to official statements on Friday.

The Southeast Asian country has two institutions responsible for collecting taxes. One is the General Department of Customs and Excise (GDCE), which collects taxes on goods entering and leaving the country, and the other is the General Department of Taxation (GDT) focusing on interior taxes such as income tax, salary tax, value-added tax, and property tax.