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Indonesia targets Google, Facebook in push for more tax

It wants to squeeze more revenue as economy under pressure from weak commodity prices and subdued demand from China
Friday, December 2, 2016 - 05:50
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A sticker reading "Review us on Google" outside a shop door in Jakarta. The latest salvo from the tax office underscores the challenge Mr Joko faces in funding his ambitious infrastructure goals, and the risk that it may backfire by scaring off investors.

Jakarta

INDONESIA is widening its tax net to target global technology giants such as Google and Facebook, a strategy that's raising red flags for fear it may deter foreign investment.

Finance Minister Sri Mulyani Indrawati is seeking to squeeze more revenue out of an economy that's