Indonesia Posts $25b State Budget Deficit in 2019

... deficit widened last year as tax revenues from commodity trade dropped ... in Jakarta on Tuesday. Total revenue from taxes, profit-sharing from ...

What's the Damage, Sis?: Business License Now Required for All Online Shops

... to submit their ID card, tax registration number and business address ... . Danny Darussalam, a tax expert from the Darussalam Tax Center consultancy, said ... collection, aside from increasing the tax revenue," Darussalam said. The new regulation ...

Is OECD's 'Unified Approach' a Solution for Taxing the Digital Economy?

... measures to achieve minimum effective tax rates. The latter explores ... to its latest proposal to tax digital business models and ... to adopt uncoordinated, unilateral tax measures that could damage global ... there is already so much revenue forgone for not taking ...

Veteran Finance Ministry Expert Ascends as New Taxman

... year's revenue target, completes a brace of tax law revisions ... focus is on achieving the tax revenue target... the pressure is ... agency. The tax office has estimated a revenue shortfall of Rp ... massive homework in reforming tax administration and surveillance as ...

Garuda Indonesia Books $122m Profit in Strong Comeback

... Thursday. The airline saw its revenue increase 10.28 percent to ... lower at $3.28 billion. Revenue from scheduled flights totaled $2 ... the financial statement. Profit before tax surged 244 percent to $191 ...

Surabaya Businessman Arrested in Jakarta for Tax Evasion

... , attempting to collect the tax directly from him, requesting ... government has targeted a tax revenue of Rp 1,861 ... aggressively pursuing more taxpayers and tax revenue sources – such as e ... interview with Beritasatu TV, tax director general Robert Pakpahan ...

Bankers Buoyant That Tax, Interest Rate Cuts Will Rejuvenate Indonesia's Manufacturing Sector

... economic output, which would boost tax revenue, Dody said. "What ... interest and corporate income tax rates may encourage industrial ... policies will increase jobs and tax revenue. "The two policies ... , shareholders pay 15 percent tax on dividends they receive. ...

By April Next Year, Your Black Market Phone Won't Work in Indonesia

... government does not lose any revenue from cellphone sales," Rudiantara told ... currently does not slap import tax on smartphones bought overseas, people ... to pay a value-added tax of 10 percent and a ... deductible income tax of 7.5 percent according ...

Indonesia to Cut Corporate Taxes; Eyes Netflix, Amazon for Collecting VAT

... investment. The country's tax office has proposed reducing the ... bill, income tax bill, and value-added tax bill. The ... several other adjustments to its tax policy, including changing fines ... required to pay income tax on all revenue generated in Indonesia. ...

Jokowi Wants a New Generation of Top Talents to Take Indonesia to Developed Country Status

... .96 percent of the GDP. Revenue is projected at Rp 2 ... electric vehicle regulation and corporate tax cuts – which have continued to ... growth allows for a higher tax revenue projection, but also runs the ...