You are here

Indonesia to crack down on corporate tax avoidance

It suspects companies are using transfer pricing to reduce profits earned in Indonesia

Jakarta

INDONESIA will crack down on corporate tax avoidance via transfer pricing this year to try and recoup 200 trillion rupiah (S$21 billion) in lost state income, mainly in the commodities sector, the new head of the tax office told Reuters.

President Joko Widodo's

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom