Oil Palm’s Tax Deficit
There is something amiss with the tax remittances from the oil palm industry. At a time when the area of plantations is increasing, state revenues from the sector are stagnant, and are even in decline. This is an old problem long unresolved.
ABRACADABRA, this is the magic trick of the Indonesian oil palm industry: when the area of plantations continues to increase, tax remittances are in decline. This is despite the fact that business in the commodity is thriving. According to the data, the production of oil palm fruit is increasing, and the value of palm oil exports continues to rise. Two years ago, this commodity was the largest contributor to Indonesian foreign exch...
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Oil Palm Industry Sri Mulyani Tax