Indonesia to cut tax rates to compete with Singapore

May 12, 2015 Asia-Pacific, Indonesia, What We're Reading

Indonesia intends to gradually lower its corporate tax rate from 25 percent to 17.8 or 17.5 percent to compete with Singapore, reports Bloomberg Business in a May 10 article, quoting Luhut Panjaitan, the president’s chief of staff.

See:

Indonesia to Cut Taxes to Near Singapore Level in Profits Battle – Bloomberg Business

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