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Search result with “Wealth Tax” as a keyword founded 79 news.

Bali Financial Center Plan Can Benefit Singapore: Deputy PM

... in Bali to lure global wealth, saying that its creation can ... Purbaya Yudhi Sadewa has floated tax exemption plans for international investors ... zone] won’t be subject to tax. We can use it to ...
Business Jun 9, 2026 | 7:00 pm

Indonesia Finds Transfer Pricing at All Top 10 Palm Oil Exporters

... trade misinvoicing that can reduce tax revenues, export duties and foreign ... directly reduced Indonesia’s export tax revenues, income tax collection and export foreign ... management body operating under sovereign wealth fund Danantara Indonesia. Under the ...
Business May 25, 2026 | 4:23 pm

Palm and Coal: The Price of Weak Control

... . Initially envisioned as a sovereign wealth fund tasked with restructuring state ... a problem of customs enforcement, tax administration, transfer-pricing regulation, and ... transparent legal proceedings, financial penalties, tax recovery measures, and, where ...
Opinion May 22, 2026 | 9:30 pm

Indonesia’s New Export Watchdog Could Recover Billions Lost to Under-Invoicing

... , allowing exporters to reduce tax and royalty obligations while keeping ... “This practice directly affects lost tax potential, reduces export foreign exchange ... “Establishing a state entity under [sovereign wealth fund] Danantara Indonesia’s supervision could ...
Business May 21, 2026 | 7:58 pm

Three Reforms Are Key to Indonesia’s Growth Ambitions: Economist

... major reforms — budget refocusing, tax reform, and deregulation — if ... major priorities: budget refocusing, tax reform, and deregulation. On ... also called for deeper tax reform, recalling how Indonesia ... spending and the sovereign wealth fund Danantara. “If ...
Business May 20, 2026 | 8:21 am

Indonesia’s Taxpayers Must Repatriate Offshore Assets within 6 Months

... taxpayers must repatriate their offshore wealth within 6 months or miss ... wealth as soon as possible. … So it’s not a tax amnesty ... transition period, the ministry’s tax directorate-general will keep ... state revenue without forgiving tax liabilities, which risks ...
Business May 12, 2026 | 8:00 am

Govt Plans Tax Exemptions for Bali Financial Center Investors

... planning to roll out tax exemptions for foreign investors ... those involving the sovereign wealth fund Danantara. “Foreign money ... Jakarta on Thursday. The tax exemptions only apply within ... remain subject to regular tax regulations, according to Purbaya ...
Business May 8, 2026 | 9:44 am

Sunsets and Spreadsheets: Indonesia Wants to Turn Bali Into Wall Street

... diversify where they park their wealth. Indonesia, Southeast Asia’s ... capital flows, and potential tax incentives for foreign investors. ... and CEO of sovereign wealth fund Danantara, Rosan Roeslani ... “red carpet” treatment: tax holidays, exemptions from value- ...
Business May 8, 2026 | 9:13 am

JCI Rises as Investors Monitor Iran Talks, Danantara Digital Push

... Purbaya Yudhi Sadewa has approved tax exemptions related to state-owned ... sovereign wealth fund Danantara, including mergers, liquidations, and divestments. The tax incentives ... company, the transaction will receive tax relief,” the brokerage said. Kiwoom ...
Business May 8, 2026 | 9:03 am

Indonesia’s 1%: 50 Richest as Wealthy as 55 Million People

... .8 billion). The report calls for a 2% wealth tax on Indonesia’s 50 richest people ... trillion ($5.4 billion) per annum. A progressive wealth tax of 1-2%, starting with those who ... narrow this gap with the wealth tax,” Celios executive director Bhima Yudhistira ...
Business Apr 22, 2026 | 11:13 am

New US-Indonesia Trade Deal Secures Fossil Fuels and Access to Critical Minerals

... economic ties, binding Jakarta’s resource wealth and energy future more closely ... businesses must follow the same tax, environmental, labor and quota rules ...
Business Mar 19, 2026 | 5:43 am

Financial Warning Signs Emerge in Indonesia Despite Government Confidence

... , close to the legal 3% ceiling. Tax revenue fell short of target ... subsidized housing, given Indonesia’s narrow tax base. Queen Maxima of the ... governance of Danantara, the sovereign wealth fund, and potential liabilities from ...
Business Feb 13, 2026 | 8:02 am

Indonesia Retains Baa2 Rating as Moody’s Warns on Policy Credibility

... government continues efforts to improve tax and customs collection, Moody’s warned ... surrounding the newly established sovereign wealth fund Danantara, which oversees state ... from sustained fiscal loosening without tax reform, prolonged currency weakness or ...
Business Feb 6, 2026 | 9:47 am

Pertamina Plans to Integrate Refining, Fuel Sales and Shipping Businesses

... also discussed the possibility of tax incentives related to the ... corporate action. “Tax incentives are also part of ... by Danantara, the sovereign wealth fund tasked with supporting consolidation ... the state budget and ensure tax policies remain fair and ...
Business Jan 9, 2026 | 9:31 pm

Danantara, Tariffs, Purbaya: Indonesia’s Economic Surprises of 2025

... . US tariffs, the sovereign wealth fund Danantara, and the blunt ... , center, launch the sovereign wealth fund Danantara accompanied by his ... as Indonesia’s second sovereign wealth fund after INA, and ... agreeing to eliminate the import tax on Indonesian palm oil. ...
Business Dec 31, 2025 | 12:41 pm

Pertamina Awaits Danantara’s Order on Pelita Air-Garuda Merger

... they were waiting for sovereign wealth fund Danantara’s instructions in regard ... from a loss to an after-tax profit of $5.9 million in 2024 ...
Business Oct 3, 2025 | 9:35 pm

Purbaya Denies Ordering State Banks to Hike Dollar Deposit Rate to 4%

... . … I have never ordered [the sovereign wealth fund] Danantara or the state ... Revenue Agency Despite 5.1% Drop in Tax Collection
Business Sep 26, 2025 | 5:39 pm

What is Sumitronomics? Indonesia’s Blueprint to 8% Growth

... Plan to Boost Growth and Tax Revenue Analysts caution that achieving ... economy. Personal Legacy: Danantara Sovereign Wealth Fund The government’s recent establishment ... of the sovereign wealth fund Daya Anagata Nusantara (Danantara ...
Business Sep 24, 2025 | 3:17 pm

Purbaya Says No to Tax Amnesty to Avoid Repeat Offenders

... Purbaya Yudhi Sadewa disapproves of tax amnesties, as the senior ... to voluntarily disclose their wealth and make redemption money ... also grants forgiveness of tax liabilities from the previous ... lawmakers have set the tax amnesty in their priority legislation ...
Business Sep 19, 2025 | 6:25 pm

KPU Reverses Rule Blocking Access to Presidential Candidate Documents

... clearance letters, health certificates, wealth reports, tax filings, and sworn statements of ...
News Sep 17, 2025 | 9:43 am
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