Indonesia consistently ranks near the bottom in regional and global comparisons of the so-called tax ratio, or tax revenues as a percentage of gross domestic product. — AFP
INDONESIA’S tax system has been underperforming for many years as it does not collect as much as it should.
Since the turn of the new millennium, not once have we been able to achieve a 15% tax ratio, which is considered the minimum level of tax collection to maintain sustainable economic growth.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
