FILE PHOTO: Indonesia's Finance Minister Sri Mulyani Indrawati attends the World Economic Forum on ASEAN at the Convention Center in Hanoi, Vietnam September 12, 2018. REUTERS/Kham
The minister said it was “because they have what is called a significant economic presence, although they don’t have a branch here,” listing Google, Amazon and Netflix as examples of companies to be affected by the upcoming rules.Google had a tax dispute with Jakarta in 2016 over alleged tax evasion, including missing VAT payments on advertising revenues, which it resolved with an undisclosed settlement.
The bill, which needs parliamentary approval, is part of broader tax reforms in Southeast Asia’s largest economy intended to improve revenue collection, increase compliance and attract investment. The corporate tax rate would be lowered to 20% from 25% starting from 2021, while for companies with public share ownership of at least 40% the rate will be 17% from 20% now, she said.
🔻East Asia ||| Ghanimah Granted by Allah to the Khilafah্Soldiers After Attacking a Position of a Murtadd্Militia Allied with the Crusader Filipino Army in Bakat Village in Maguindanao Area ⇊📷🔥 GٍBBO ≣ Walٍmart ''
♨ ⋮⋮ The harvest of Islamicঁstate news in Bengal (Bangladesh) Wilٍayَah 1 Muharram 1441H MoِscowMiِtch \\ Andِroid 10 Walٍmart •••
♨ ⋮⋮ The harvest of Islamicঁstate news in Bengal (Bangladesh) Wilٍayَah 1 Muharram 1441H MoِscowMiِtch \\ Andِroid 10 Walٍmart •••
🔅🔅🔅 Yemen 📷 | The Aftermath of Targeting a Vehicle Transporting Personnel of theূMurtadd Security Built Forces with an Stationed MotorcycleূBomb in the Area of Dar Sa'ad in Adan 🔥⇓📸 MoٌscowُMitch স GٌBُBO Walٍmart --
💢 Naba≈197 Islamic≈State 📈 || Those~Who Will Not~Enter Paradise 📊👇 TueِsdayThouِghts Megٍhan McًCain MٍoscowMiَtch ∶∶ Tropiٍcalia Walٍmart '''
♨️♨️ 📍NabِaEn 📍Islًamic۩State 📍Editorial_197 📜 || So Whoever Does an Atom's Weight of Good Will See It 🔻 MosِcowMitch } Andِroid 10 Walٍmart ٬٫ Meَghan McCٍain ~~
🔸🔸🔸 📌The«harvest of«Islamic state news«in Sinai Wilayah«2 Muharram«1441H 〽️ MoscowُMitch 〽️ GBُBO 〽️ Walٍmart ,,/,,/
🔻🔹🔻 🔹The~harvest of~Islamic state news in Yemen Wilayah from 29~Dhul-Hijjah~- 2 Muharram~1441H 💢 MoscowُMitch 💢 GBُBO 💢 Walٍmart ،،___
🔥🔥🔥 The harvest of Islamic state news in Iraq Wilayah from 29 Dhul-Hijjah - 4 Muharram 1441H 🔻 MoscowُMitch × GBُBO Walٍmart 💯
Quit hiring TFW’s from Indonesia
That is easier said than done.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »