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Jakarta Post
The Jakarta Post
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Bank transparency, data matching for tax purposes

  • Gatot Soepriyanto
    Gatot Soepriyanto

    Senior faculty member of the accounting and finance department at BINUS University, Jakarta

Jakarta | Mon, March 13, 2017 | 01:39 pm
Bank transparency, data matching for tax purposes A building of the Development Bank of Singapore (DBS) (Courtesy of/DBS.com)

PREMIUM The government’s plan to issue a regulation in lieu of law (Perppu) concerning banking transparency, which includes allowing the tax authority to access taxpayers’ bank data, has sparked hot public debate. The proponents argue that such an initiative is critical, outlining the fact that the government has to comply with the Automatic Exchange of Information (AEOI) program, a global ...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.