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Indonesia to cut corporate income tax rate from 2017: finance minister

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Indonesia will lower its corporate income tax rate in 2017, Finance Minister Bambang Brodjonegoro said on Friday.

[JAKARTA] Indonesia will lower its corporate income tax rate in 2017, Finance Minister Bambang Brodjonegoro said on Friday.

"The corporate income tax will be lowered, but don't ask me by how much yet. The right time for it to be effective is 2017," Mr Brodjonegoro said.

The government also plans to revise the income tax and value added tax laws next year, he added.

REUTERS