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Jokowi plans tax amnesty to lure cash back

Money repatriated to Indonesia will not be taxed, companies will get tax break

MR JOKO: The president wants to revive an economy growing at its slowest pace in five years


INDONESIAN President Joko Widodo is planning a tax amnesty in a bid to convince Indonesians to bring back funds held offshore as he seeks to narrow the current-account deficit.

The government will revise rules so people repatriating money won't have to pay tax on it and...

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