Tax
From The Report: Indonesia 2013
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The Indonesia tax system continues to evolve, but, for several years, has been mainly based on three primary tax laws – the General Tax Provisions and Procedures Law, the Income Tax Law, and Luxury Sales Tax Law. These tax laws are routinely amended to accommodate the rapidly changing business environment and to support the government objectives of improving the investment climate while increasing tax revenues.
This chapter contains a viewpoint from Irhoan Tanudiredja, Senior Partner, Pricewaterhouse Coopers.

Articles from this Chapter

Overview

Improved environment: The tax system and regulations for potential investors
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The Indonesian tax system continues to evolve but for several years has been mainly based on three primary tax laws – the General Tax Provisions and Procedures Law, the Income Tax Law, and the Value-Added Tax (VAT) and Luxury Sales Tax (LST) Law. These tax laws are routinely amended to accommodate the rapidly changing business environment and to support the government objectives of improving the investment climate while increasing tax revenues. In an effort to reshape and improve Indonesia’s…

Viewpoint

Irhoan Tanudiredja, Senior Partner, PricewaterhouseCoopers, on the challenges the country faces moving forward
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In less than three years Indonesia will encounter the ASEAN Free Trade Area (AFTA), which will eliminate intraregional tariffs and non-tariff barriers among the South-east Asian countries, with a view to integrate the economies in the region into a single production base and regional market. AFTA is aimed to increase ASEAN’s competitive edge, to attract investment and boost trade between country members. It is also hoped to leverage on the huge potential and complementariness that exist in the…