Tax in Indonesia: Boosting Tax Collection through New Policies
A high positioned government official said that the government of Indonesia plans to cut corporate tax gradually from 25 percent currently to below 18 percent in a bid to make Indonesia a more lucrative place to conduct business. Luhut Panjaitan, President Joko Widodo’s Chief of Staff, confirmed that Widodo has already ordered this latest tax move. Over the past few weeks we have seen the announcement of a number of new tax policies as the government aims to boost tax collection by 30 percent in 2015.