1/18/16

More than 1 thousand registered online at the General Department of Taxation, while tax revenues increased by 25 percent

Phnom Penh: The new company, and the companies that are doing business, existing more than 1 thousand companies registered online at the General Department of Taxation, while tax revenue in 2015, the total collected nearly 1.3 billion US dollars, up 25 percent compared with 2014, according to the statement of HE Kong Vibol Director General of the General Department of Taxation.
According to Mr. Kong Vibol Director General of the General Department of Taxation tax revenue is expected next year to reach 1.5 billion US dollars, while the government's reform process taxes online, then the private sector will much easier to pay taxes.
Registration taxes online system will help increase budget revenues and more profitable to the owner because the owner of the company can pay taxes electronically, and the General Department of Taxation can provide various services, such as issuing regulations and inform the company rapid and straightforward and profitable time.
Government create tax forms online, while Cambodia, ASEAN economic integration will be done by the end of 2015 and implementation of online information system will make tax collection more modern countries in the Association Other ASEAN.