Jakarta. Indonesian companies are preparing to hit the debt markets with the repatriation of offshore wealth from the country’s new tax amnesty expected to boost investor demand for products such as corporate bonds, lowering companies’ borrowing costs. Companies including construction firms… Read More ›
Tax Amnesty in English
Indonesian tax amnesty pitch: Bring it home to a new home
JAKARTA — Indonesians who have stashed billions of dollars abroad over the years can now bring their hoard safely back home — literally, to a newly bought condo. That’s the pitch from PT Intiland Development Tbk and other Indonesian property… Read More ›
Tax Amnesty Won’t Affect Inflation: BI
Jakarta: Bank Indonesia (BI) is optimistic inflation rate for this year can be maintained at around four percent. “For this year, inflation is not big issue,” said BI exceutive director of monetary and economic policies Juda Agung at BI headquuarters,… Read More ›
RPT-Indonesian tax amnesty pitch: Bring it home to a new home
JAKARTA, Indonesians who have stashed billions of dollars abroad over the years can now bring their hoard safely back home – literally, to a newly bought condo. That’s the pitch from PT Intiland Development Tbk and other Indonesian property developers… Read More ›
Indonesian tax amnesty pitch: Bring it home to a new home
JAKARTA – Indonesians who have stashed billions of dollars abroad over the years can now bring their hoard safely back home – literally, to a newly bought condo. That’s the pitch from PT Intiland Development Tbk and other Indonesian property… Read More ›
Singapore lauds Indonesia`s tax amnesty policy
Batam, Riau (ANTARA News) – The Singaporean government has expressed its support to Indonesias tax amnesty policy, Singapores Minister of State for Foreign Affairs Mohamad Maliki Osman stated during his visit to Batam, Riau Islands, on Wednesday. “Singapore lauds Indonesias… Read More ›
Can the Indonesian finance ministry still deliver on its promises after slashing spending by $10.2 billion?
Indonesia’s new finance minister said late on Wednesday she would significantly cut state spending this year to hold the fiscal deficit within the legal limit of 3 percent of gross domestic product. Sri Mulyani Indrawati, a former managing director of… Read More ›
Widodo reshuffles his cabinet to spur growth
JAKARTA There was a sense of urgency in Indonesian President Joko Widodo’s appointment in July of new members to his cabinet — notably in the selection of the high-profile managing director of the World Bank, Sri Mulyani Indrawati. Indonesia’s economic… Read More ›
Indonesia wants to go cashless but its credit card rules are pushing people back to cash
Indonesia’s finance ministry has delayed a regulation requiring all credit card providers to submit customer data to the tax office until the end of its tax amnesty program, a tax spokesman told Reuters. The finance ministry in March issued a… Read More ›
Tax Amnesty: Should All Overseas Indonesians Participate?
Jakarta, GIVnews.com – Despite the government’s call to utilize the tax amnesty program before the beginning of its implementation period, many citizens are still puzzled whether they or their assets are included in the program’s target. This question is especially common among… Read More ›
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