Indonesia goes hi-tech in hunt for tax assets


New system: An officer (left) serving a tax payer in Jakarta. Pakpahan estimates the budget for a new core tax system at around US218mil. — Reuters

JAKARTA: Indonesia’s tax office plans to spend hundreds of millions of dollars to update its outdated technology to boost low tax compliance and raise revenue collection in South-East’s largest economy, the country’s tax chief told Reuters.

Indonesia completed one of the world’s most successful tax amnesties in 2017, but its very success has created headaches.

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Business , Indonesia , tax

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