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tax-amnesty

Indonesia eyes amnesty funds with new investment instruments

Business 7 years ago

Indonesia eyes amnesty funds with new investment instruments

Indonesian authorities are working to develop new investment instruments with “good” returns in a bid to retain onshore more than US$10 billion that was repatriated under a tax amnesty program three years ago, with officials acting before a lock-in period on the funds expires later this year.

Does less corporate tax make Indonesia better off?

Opinion 7 years ago

PREMIUM
Does less corporate tax make Indonesia better off?

After being reduced slightly to 25 percent from 28 percent in 2010, the idea to reduce the corporate tax rate to 17 percent through the proposed revision of the Income Tax Law was raised by President Joko “Jokowi” Widodo in 2016, and then again by Prabowo Subianto, his rival in the April presidential elections.

Ending poverty requires ending tax evasion

Opinion 7 years ago

Ending poverty requires ending tax evasion

However, is a single-digit poverty rate a cause for celebration?

Tax penalty amnesty during Jakarta’s anniversary

City 7 years ago

Tax penalty amnesty during Jakarta’s anniversary

The Jakarta administration has implemented a vehicle tax penalty amnesty from June 22 to July 21 as part of the city’s 491st anniversary celebrations.

Govt to maintain investment climate, tax reform in setting 2019 tax target

Business 7 years ago

Govt to maintain investment climate, tax reform in setting 2019 tax target

Finance Minister Sri Mulyani Indrawati has said the government will consider several scenarios in determining its 2019 tax revenue target while adhering to its commitment to maintaining a conducive investment climate and pushing for tax reform.

EDITORIAL: High tax revenue target

Opinion 8 years ago

EDITORIAL: High tax revenue target

The tax-to-GDP ratio remained less than 11 percent, still far below the internationally recognized 15 percent minimum threshold for stimulating economic growth.

Jakarta implements vehicle tax amnesty

City 8 years ago

Jakarta implements vehicle tax amnesty

The Jakarta administration is set to hold a vehicle tax penalty amnesty from Nov. 30 to Dec. 23 in a bid to boost tax revenue.

Beware of the US 'tax amnesty'

Opinion 8 years ago

PREMIUM
Beware of the US 'tax amnesty'

Taxation of US companies with subsidiaries abroad will be the one with the most obvious and most direct international impact.

Three years under Jokowi: Keeping the nose to the grindstone

Opinion 8 years ago

PREMIUM
Three years under Jokowi: Keeping the nose to the grindstone

We will see how some policies could have been better with a good design.

Tax office to collect taxes on hidden wealth

Business 8 years ago

Tax office to collect taxes on hidden wealth

The tax office has said that its officials will start collecting taxes from hidden wealth, assets that were not included in annual tax reports, which will be treated as new income and charged with a higher tariff.

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