The country is planning to tax the rich more to boost state revenue to help it pull through a health crisis and an economic recession caused by the Covid-19 pandemic.
The government is proposing a 35% personal income tax for high-net-worth individuals with earnings of over five billion rupiah (RM1.4mil) a year.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
