Indonesia’s Economic Aspirations Aiming for OECD Membership: Indonesia has set its sights on joining the Organisation for Economic Cooperation and Development (OECD), a move that would mark a significant milestone in its economic development. The OECD is seen as a “club of rich countries,” and membership is often associated with a seal of approval that could attract investment and boost …

Malaysia – The Dewan Rakyat unanimously approved the Finance Bill 2021 recently. When concluding the discussion on the bill, Deputy Finance Minister I Datuk Mohd Shahar Abdullah said that a research on the abolition of the tax exemption on foreign-sourced income had been conducted two years ago. He said that it required the ministry to interact with connected parties, including …

The Finance Minister Sri Mulyani Indrawati has stated that tax reform is important for endeavors to assist Indonesia with getting away from the center pay trap. It was highlighted that to keep away from the center pay trap, they should direct monetary combination, especially because of the pandemic, to make a sound state spending plan and for that they need …

The Financial Minister Sri Mulyani Indrawati has uncovered the four keys to haul Indonesia out of the center pay trap. Just less than 20 nations have figured out how to get away from the center pay trap. She also noted that this is a genuine test. The principal key is working on the nature of HR since it can build …

It seems that digital companies based in the United States (US) that operate in several countries including Indonesia, such as streaming services Netflix, social media Facebook, digital music streaming Spotify, also giant e-commerce Amazon, cannot yet be charged digital tax in the near future. This was stated by Minister of Finance Sri Mulyani who said that Indonesia and the major …