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Wealthiest Indonesians to be charged 35 percent income tax to fix awful economy

today22 June 2021

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Seeking to revive an economy ravaged by the coronavirus pandemic, Indonesia looks likely to introduce a higher income tax rate for its wealthiest individuals.

As it considers overhauling its current taxation system – which may see the addition of value-added tax (VAT) to food items, healthcare, and education, as well as a new tax for carbon emissions, a…

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Written by: Dale John Wong


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