Indonesia plans to undertake one of biggest tax overhauls

Published: Oct 07, 2021, 12:40 PM(IST) WION Video Team
Indonesia is planning to undertake one of the biggest tax overhaul in the economy with the Indonesian parliament voting today on whether to back raising the vat rate, a new carbon tax and canceling a planned corporate tax cut. The government has said the tax harmonisation bill is aimed at optimising revenue collection, while ensuring a fairer tax system, after state coffers took a big hit last year due to the covid-19 pandemic.
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