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/File Photo
Indonesia, Southeast Asia’s biggest economy, has begun collecting a 10% value-added tax since mid-2020 on digital products and services from internet-based firms, but officials had previously said it would charge a tax on income only after a global consensus was reached. “Of course we hope for a global taxation agreement, it would be so much better as it gives a certainty,” the minister said.
'world consensus' = approval of bankers/rulers of the world.
Rather the draft pick. Need to blow up this team
Indonesia is not known for its intellectual prowess.
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