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View all search resultstax-reform
Opinion 5 years ago
Indonesia must tread carefully in considering new digital tax
Together with improvements on ease of doing business and cutting bureaucratic red tape, a harmonized tax regime will amply serve President Jokowi in achieving his vision to boost job creation and attract new foreign investment.
Business 5 years ago
Indonesia accelerates tax reforms, cuts corporate income tax in COVID-19 playbook
Finance Minister Sri Mulyani Indrawati said the government expected a 10 percent drop in tax revenue this year as a result of incentives for businesses to help them cope with COVID-19 and reduced non-tax revenue on account of falling commodity prices.
Business 6 years ago
Indonesia’s 2020 budget deficit may widen to 2.8 percent after tax shortfall: Indef
Indonesia’s 2020 state budget deficit may further widen to 2.8 percent of gross domestic product, much higher than the government’s target, as tax reforms are to result in lower revenue collection, economists say.
Business 6 years ago
World Bank calls for stronger tax collection to bring 115 million Indonesians into middle class
World Bank acting country director for Indonesia Rolande Pryce said the government’s plan to relax corporate income tax, among other things, would reduce the tax-to-GDP ratio by 0.5 percent. Indonesia’s tax to GDP ratio stands at 10.7 percent in 2017, the lowest among regional peers.
Opinion 6 years ago
PREMIUM
A comprehensive tax reform
When hearing a proposal for tax reform, people tend to expect tax rate cuts. This standpoint, even if it is not without solid reasoning, should be challenged as it does not cover a fair and comprehensive assessment of fiscal policy effectiveness.
Opinion 6 years ago
PREMIUM
How tax reform can help advance gender equality
Advancing gender equality and increasing women’s participation in the labor force will have an impact on boosting the country’s economy. However, the huge potential of women’s participation in the economy is still uncaptured because structural gender inequality continues to exist.
Editorial 6 years ago
Lowering corporate taxes
Too much politics, especially in an election year as we are in right now, could distort economic policies. This is the risk we see in incumbent President Joko “Jokowi” Widodo’s obsession with his policy recommendation for a lower corporate income tax, which he has been promoting apparently in a bid to gain votes from businesspeople.
Opinion 7 years ago
PREMIUM
Moving to tax reform with artificial intelligence
Stephen Hawking once said that “intelligence is the ability to adapt to change”. Today, we’re facing a new era of disruption in digital technology. The internet, as the most remarkable milestone of the Third Industrial Revolution, has driven efficiency in our tax administration system.
