Indonesia's new carbon tax signals higher power costs amid calls for clarity


SINGAPORE/JAKARTA, Oct 9 (Reuters): Indonesia is set to become Asia's fourth country to introduce a carbon tax but analysts expect opposition from industries that have warned of implementation problems and higher power costs that could undermine manufacturing competitiveness.

The introduction of the tax is part of an ambitious tax overhaul, approved by parliament on Thursday, that includes raising value-added taxes (VAT) next year and cancelling a planned corporate tax cut.

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Indonesia , Carbon Tax , New Tax , To Be , Introduced

   

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