Weekly Business

Tax Bill Under Fire

THREE former finance ministers, Ali Wardhana, J.B. Sumarlin, and Fuad Bawazier, have joined the business community in criticizing the draft tax law now under review by parliament.

Sumarlin expressed concern that broader powers granted the tax authorities as envisaged under the draft law were prone to misuse. He cited a clause which empowers the tax department to have a bank freeze a taxpayers bank accounts. Even without such a

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