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The financial disclosure law passes: What's next?

  • Glenn Polii
    Glenn Polii

    Staff member at the Directorate General of Taxation at the Finance Ministry

Jakarta | Fri, August 11, 2017 | 01:11 pm
The financial disclosure law passes: What's next? The law ushering in a new era of the government’s ability to access financial information for tax purposes has passed its final hurdle at the House. (Shutterstock/File)

PREMIUM The law ushering in a new era of the government’s ability to access financial information for tax purposes has passed its final hurdle at the House. This means that banks and other financial institutions will soon start transmitting their customers’ data to the Directorate General of Taxation (DGT) on an annual basis, as well as on request. 

With this law, the gover...

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

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