Cambodia collected 532 million U.S. dollars in tax revenue during the first half of 2014, up 13 percent over the same period last year, said a news statement released by the General Department of Taxation on Wednesday.
The revenue came from an increase in income taxes, taxes on profits, taxes on salaries, value added taxes, special taxes on certain merchandises and services, vehicle taxes and property taxes, the statement said.
"During the January-June period this year, tax revenue increased in all sectors, particularly in financial services, telecommunications, architecture and construction, airports and ports, garments, tourism, and food and beverage," it said.
The revenue from the Customs and Excise Department was not included, as the department collects taxes on goods entering or leaving the country.
Speaking at a monthly meeting on Tuesday, Kong Vibol, director- general of the General Department of Taxation, appreciated officials for their efforts to collect taxes and advised them to enforce laws in order to ensure the accuracy of tax revenue.
He predicted that the department could earn about 1 billion U.S. dollars in tax revenue this year.