Lower corporate tax rates in Indonesia to benefit most listed companies

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Indonesia's plan to lower corporate tax rates to 20 per cent from 25 per cent is positive for the earnings of most listed companies, say analysts from Maybank Kim Eng.
JULY 22, 2019 - 5:50 AM

Singapore

INDONESIA'S plan to lower corporate tax rates to 20 per cent from 25 per cent is positive for the earnings of most listed companies, say analysts from Maybank Kim Eng.

The objective of lowering its corporate income taxes is to make Indonesia competitive with neighbouring...

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