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Search result with “Tax Reform” as a keyword founded 19 news.

South Korea Holds Snap Presidential Election Tuesday -- Here's What to Know

... of the small conservative New Reform Party, who has categorically rejected ... Korean products to 25 percent tax rates. A US federal court ...
News Jun 2, 2025 | 2:04 pm

Prabowo Appoints New Tax and Customs Chiefs as Revenue Slides

... to lead Indonesia’s tax and customs agencies amid ... Askolani. Read More: Declining Tax Revenue Signals Indonesia’s Economic ... underlined the need to accelerate tax reform and improve the Coretax ... billion). The breakdown shows tax and excise revenue fell 8 ...
Business May 20, 2025 | 8:07 pm

Indonesia Says Local Content Reforms Are Domestic-Driven, Not Response to US Tariffs

... Industry Ministry has launched a reform initiative aimed at simplifying the ... an additional 32 percent import tax set to take effect within ...
Business May 12, 2025 | 12:50 pm

Indonesia’s Deregulation Plan Not Only Meant for US Companies: Gov’t

... the looming 32 percent import tax that will hit US-bound ... be the focus of our reform in addition to making it ... content requirements to non-transparent tax auditing processes. The local content ...
Business Apr 25, 2025 | 8:27 pm

Indonesia to Unveil New Economic Policy Package, Including VAT Overhaul, on Monday

... -tiered value-added tax (VAT) policies and non-tax economic measures. ... include fiscal incentives, such as tax relief for micro, small, ... percent VAT policy. The reform aims to ensure fairness while ... starting in January. The tax increase, which was first ...
Business Dec 14, 2024 | 11:01 am

Rising Taxes Could Weaken Middle-Class Purchasing Power, CORE Economist Says

... to raise its value-added tax (VAT) to 12 percent ... Director of the Center of Reform on Economics (CORE) Indonesia. Faisal ... measures is the Harmonization of Tax Regulations Law (UU HPP), ... million are exempt from income tax. To further alleviate the burden ...
Business Nov 23, 2024 | 4:21 pm

41 Bills Set for 2025 Legislative Priority List, Key Anti-Corruption Bill Omitted

... Domestic Workers Protection Bill, the Tax Amnesty Bill, the Textile Industry ... through the Civil Asset Forfeiture Reform Act, allowing civil forfeitures in ... System (Commission X) Bill on Tax Amnesty (Commission XI) Bill on ...
News Nov 19, 2024 | 9:53 pm

Indonesia to Revise Export Rules, Encouraging Longer Fund Retention Domestically

... month period, exporters receive a tax discount on deposit interest from ... . For three months, the tax incentive on deposit interest is ... analyst at the Center of Reform on Economics (CORE) Indonesia, ... for longer DHE placements, larger tax cuts, or easier access ...
Business Nov 4, 2024 | 9:30 pm

Indonesia and The Global Tax Agreement

... percent minus the resident country tax and the source country ... 0 percent (UAE tax) and 5 percent (withholding tax in Indonesia), ... affect Indonesia's existing tax treaties with 29 partner ... its commitment to implement global tax reform under Pillar Two. The ...
Opinion Sep 25, 2024 | 9:04 am

Prabowo’s Finance Minister Pick Will Face Formidable Challenges Ahead

... foreign debt and a declining tax-to-GDP ratio, according to ... the past decade, while our tax ratio has dropped to just ... economist from the Center of Reform on Economics (CORE), echoed Esther ...
Business Sep 16, 2024 | 6:37 pm

House Committee Proposes 2.5 Pct Excise on Sugary Drinks in 2025

... . The introduction of the tax is expected to boost state ... researcher at the Center of Reform on Economics (CORE) Indonesia, ... . He stressed that the tax should be viewed not only ... Yusuf noted. Will Sugary Drinks Tax Keep Indonesians Away From Diabetes ...
Business Sep 10, 2024 | 7:55 pm

Investor Daily Wins Award from Taxation Directorate

... involved in disseminating information about tax reform. Taxation Director General Suryo ... "In the context of tax reform, we need a partnership with ... a staunch supporter of tax reform, as reflected in its ... key policies such as tax reform that have far-reaching ...
Special Updates Jul 28, 2024 | 7:06 am

UK Labour Party Sweeps to Power in Historic Election Win

... with a package of drastic tax cuts and lasted just 49 ... populist undercurrents flow in Britain. Reform UK leader Nigel Farage has ... Liberal Democrats and Farage’s Reform UK. It won four seats ... share of the vote than Reform because its votes were more ...
News Jul 5, 2024 | 3:03 pm

Generous House Purchase Incentive Won’t Harm State Revenue, Official Says

... decision to exempt value-added tax (VAT) on home purchases priced ... Directorate will cover this using tax revenue from previous years," Dwi ... upcoming elections," she said. Core Tax System The Finance Ministry is ... up to a decade to reform their tax systems.
Business Oct 27, 2023 | 10:06 pm

Indonesia Is Set to Introduce $2.1 per Ton of CO2e Carbon Tax

... a final draft of a tax reform bill reviewed by the Globe ... government expected a high carbon tax to encourage reductions in ... degrees Celsius if possible. Tax Reform The carbon tax was part of Indonesia ... 's latest effort to reform its tax codes. Under the 2021 ...
Business Oct 1, 2021 | 3:26 pm

Gov't Proposes $5 per Ton Carbon Tax to Curb Greenhouse Gas Emissions

... part of the country's tax code reform, to reduce carbon emissions ... Revision of General Provisions and Tax Procedures (UU KUP), the ... activities must pay the carbon tax. The government's proposal would ... countries that had imposed carbon tax. Japan levied $3 on ...
Business Jun 29, 2021 | 2:40 pm

FDI Make a Smashing Return to Indonesia

... ' confidence in Indonesia's structural reform as global investments activities start ... said there were investments with tax breaks from the government worth ...
Business Apr 27, 2021 | 1:43 pm

Workers to Get Unemployment Benefits as Gov't, House Clear the Last Hurdle for Omnibus Bill

... hurdle for a sweeping legislation reform that promises to improve Indonesia ... on Labor, 2009 Law on Tax General Procedures and Provisions, the ... 2008 Law on Income Tax, the 2009 Law on Value ... Added Tax, and Tax on Luxury Goods Sale Tax, and the ...
Business Oct 4, 2020 | 4:26 pm

Credit Growth Will Recover in 2020: OJK

... the government's continuing structural reform providing a supportive environment for ... economic growth, as a limited tax base caps the government's ...
Business Jan 16, 2020 | 4:57 pm
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