Looking for Amnesty Loans

Tax amnesty participants borrowed money to pay their tax redemption, targeting entrepreneurs with little cash.

October 11, 2016

FUAD Zakaria is relieved he was able to join the tax amnesty program's first period, which ended in September. As a property developer, he had to declare assets that had not been reported to the Directorate-General of Taxes, Ministry of Finance. Under normal tax regulations, assets are subject to a tariff of 10 percent, but the Advisory Council of the Organization of Housing and Settlement Developers Association of Indonesia's (Apersi) chairman was

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