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Two of Indonesia’s wealthiest men say they will participate in a government-led tax amnesty to clear their past omissions, boosting the scheme’s credibility. Mr James Riady, the son of Lippo Group’s founder, went to the Jakarta tax office yesterday to take…
Indonesia’s tax amnesty could boost industrywide car sales by a fifth as people spend their newly declared wealth on big-ticket items, according to the local unit of Honda Motor Co. “The car ownership ratio in Indonesia is relatively low and there’s enough…
The Administration of President Joko Widodo (Jokowi) is racing against time to make its tax amnesty program a success, in order to increase the much needed state revenues. Officially launched on July 1, the tax amnesty program is effective from July 18, 2016…
