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Search result with “Tax Reform” as a keyword founded 54 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 has ...News Jun 2, 2025 | 2:04 pm
Prabowo Appoints New Tax and Customs Chiefs as Revenue Slides
... officials to lead Indonesia’s tax and customs agencies amid a ... Askolani. Read More: Declining Tax Revenue Signals Indonesia’s Economic ... the need to accelerate tax reform and improve the Coretax ... billion). The breakdown shows tax and excise revenue fell 8.7 ...Business May 20, 2025 | 8:07 pm
Indonesia Says Local Content Reforms Are Domestic-Driven, Not Response to US Tariffs
... , the 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. ... considering extending the 0.5 percent tax rate for MSMEs with annual ... 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 ... Education 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 ... six-month retention, the interest tax is 2.5 percent, with no ... analyst at the Center of Reform on Economics (CORE) Indonesia, ...Business Nov 4, 2024 | 9:30 pm
Indonesia and The Global Tax Agreement
... minus the resident country tax and the source country ... 0 percent (UAE tax) and 5 percent (withholding tax in Indonesia), multiplied ... will affect Indonesia's existing tax treaties with 29 partner ... 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
... rising 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 ... a researcher at the Center of Reform on Economics (CORE) Indonesia, emphasized ... consumption. "While the SSB tax is seen as a revenue- ... 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 Utomo ... transparency. "In the context of tax reform, we need a partnership with the ... recognized as a staunch supporter of tax reform, as reflected in its reporting ...Special Updates Jul 28, 2024 | 7:06 am
UK Labour Party Sweeps to Power in Historic Election Win
... further with a package of drastic tax cuts and lasted just 49 ... populist undercurrents flow in Britain. Reform UK leader Nigel Farage has ... centrist Liberal Democrats and Farage’s Reform UK. It won four seats ... share of the vote than Reform because its votes were ...News Jul 5, 2024 | 3:03 pm
Generous House Purchase Incentive Won’t Harm State Revenue, Official Says
... Directorate will cover this using tax revenue from previous years," ... elections," she said. Core Tax System The Finance Ministry is ... introduce a fully automated and digitized tax collection system in mid-2024 ... took up to a decade to reform their tax systems.Business Oct 27, 2023 | 10:06 pm
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