PHNOM PENH, June 2 (Xinhua) -- With a rising number of mobile phone and internet users, Cambodia is gearing up income collection measures to help the government reap hundreds of millions of dollars from the telecoms sector in the near future, local media reported Monday.
"If we manage the sector well and take VAT (Value Add Tax), the government could one day earn 400 million to 500 million U.S. dollars annually," So Khun, posts and telecommunication minister, was quoted as saying in the Mekong Times newspaper.
He added that the government is currently streamlining its taxation process to build on current annual revenues, which he hopes will reach 70-80 million U.S. dollars this year.
Cambodia currently has around 2.5 million mobile phone and over 37,500 landline and internet users, though telecommunications revenues in recent years have sagged to 31-36 million U.S. dollars.
The figures are low due to poor income collection, said analysts, who argue that in 1995 revenues were greater at 46 million U.S. dollars.
"If we manage the sector well and take VAT (Value Add Tax), the government could one day earn 400 million to 500 million U.S. dollars annually," So Khun, posts and telecommunication minister, was quoted as saying in the Mekong Times newspaper.
He added that the government is currently streamlining its taxation process to build on current annual revenues, which he hopes will reach 70-80 million U.S. dollars this year.
Cambodia currently has around 2.5 million mobile phone and over 37,500 landline and internet users, though telecommunications revenues in recent years have sagged to 31-36 million U.S. dollars.
The figures are low due to poor income collection, said analysts, who argue that in 1995 revenues were greater at 46 million U.S. dollars.
6 comments:
Shuuuuuu.... Don't tell Ah Spam Rainxy. Otherwise, we never going to see a single cent of it.
This is the same fucken Vietcong middleman named So Khun or So Kong who had been involved in stealing Cambodian tax dollars for many years already! Now this bastard has the gut to come to preach that Cambodia could one day be able to collect 400 million to 500 million U.S. dollars annually?
I tell you the day that Cambodia can collect hundred of million of dollars will never come because this Vietcong middleman bastard can't even manage the current situation because he is also part of the fucken problem in steal hundred of million of dollars too!
Check it out!
http://cambodiamirror.wordpress.com/2008/01/13/saturday-1212008-income-from-angkor-wat-is-more-than-60-million-but-the-state-gets-less-than-10-million/
Ah Son Chhay is bullshitting. We have seen the stupid article here already.
To 3:26PM
Good! Now you will see the article again here to remind all of you Vietcong slave mother fucker that Cambodia is being mismanaged badly and dirt poor Cambodian people continue to suffer!
curving corruption is good for cambodia to head the right direction. god bless cambodia.
Well, corruption has not been as bad as Ah Lon Nol's (or Ah Spam Rainxy's) regime in the 70's.
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