Tag: Tax Ratio
Indonesia Prepares to Implement 15% Global Minimum Tax Starting in 2025
Starting in 2025, Indonesia will officially adopt the global minimum tax (GMT), an initiative led by the Organisation for Economic Cooperation and Development (OECD)...
Indonesia’s Tax Ratio Still Low Compared to ASEAN and G20 Countries
Minister of Finance Sri Mulyani Indrawati has highlighted a concern regarding Indonesia's tax ratio in relation to its gross domestic product (GDP), stating that...
DPR and Government Agree to Increase Target Tax Ratio for 2024...
The Dewan Perwakilan Rakyat (DPR), along with the government, has reached an agreement to raise the target tax ratio for the year 2024. The...
Indonesia’s Tax Ratio Still Among the Lowest in Southeast Asia
The role of taxes in ensuring the sustainability of a country's goals is essential. However, according to Minister of National Development Planning/Head of Bappenas...