Vehicle tax revenue increases
The Kingdom’s revenue from taxes collected on vehicles rose 36 per cent year-on-year in 2012, officials said yesterday.
“Although we only have this agreement with the bank for the payment of taxes on vehicles, it is a very significant improvement in accountability and transparency for the department, which it is normally criticized for. We will consider having other taxes collected by the bank if it will help to increase tax revenue further.”
phnom penh post
> Cambodia's riel stabilises against dollar (15/08/2012)
> China bank to study loan possibilities for rice (14/08/2012)
> Reduced bank reserve cushion economy (10/08/2012)
> Moody's maintains B1 rating, negative outlook on Vietnam (08/08/2012)
> National Bank of Cambodia looks at local yuan role (06/08/2012)
> Bounced cheques causing concern (03/08/2012)
> Insurance, banks join forces (03/08/2012)
> Maruhan moves into Yangon (01/08/2012)
> Push for trade in yuan increasing (25/07/2012)
> Local microfinance institute invests in new ATM network (20/07/2012)