Indonesia gives tax office wider access to financial data
Jokowi signs regulation as part of the country's pledge to join OECD-led initiative
Jakarta
INDONESIAN President Joko Widodo has signed a new regulation giving tax authorities access to information on accounts held at financial institutions, including banks.
The regulation was signed last week as part of Indonesia's pledge to join the Automatic Exchange of Information (AEOI) initiative led by the Organization for Economic Cooperation and Development (OECD), a rich-country think-tank.
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