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Indonesia widens crackdown on tax cheats as amnesty closes

Published Thu, Mar 30, 2017 · 09:50 PM

Jakarta

WITH Indonesia's tax amnesty coming to an end, the authorities are now setting their sights on those who didn't participate and continue to evade taxes.

Officials plan to scrutinise credit-card data from banks and compare those with tax reports after the amnesty programme uncovered more than US$355 billion in previously undeclared assets.

While the participants in the amnesty would be "supervised", the rich or large taxpayers who didn't take part would pay a much heavier price, including penalties of …

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