#Tax Ratio
Indonesia eyes 11 percent tax ratio as Finance Minister targets private sector growth
Minister of Finance Minister, Purbaya Yudhi Sadewa, has expressed optimism that the country’s tax ratio could rise to 11 percent of GDP in the near term against the current national tax ratio of below 10 percent.
Think tank proposes 10 new taxes to raise Rp388 trillion in State revenue
The Center of Economic and Law Studies (Celios) has proposed 10 new types of taxes that it claims could generate up to Rp388.2 trillion (US$25 bilion) in additional state revenue, in a bid to expand Indonesia’s tax base beyond existing taxpayers.