The government has reached a tax settlement with United States-based tech giant Google for 2016 for an “undisclosed figure” following a long dispute over allegations that the firm had avoided paying adequate taxes. “We already have an agreement with them … Continue reading →
The government plans to revise five tax laws, the bills for which would be soon submitted to the House of Representatives, an official has said. The five are the General Taxation System (KUP) Law, the Income Tax (PPh) Law, the … Continue reading →
The international rating institution Standard and Poors will raise Indonesias investment rating to the investment grade if the government achieves its tax amnesty redemption target, the DBS Banks economic team has predicted. “Repatriated funds will also maintain the rupiahs resistance … Continue reading →
The Communication and Informatics Ministry has urged Google to pay tax in Indonesia and set up a permanent establishment just as the US-based technology provider has done in several other countries. “We have told Google to apply the same norms … Continue reading →
News that Singapore will report tax amnesty participants as criminals is false, Finance Minister Sri Mulyani said. The clarification came after taxpayers voiced concern that Singapore will report them as criminals if they take part in the tax amnesty program … Continue reading →