Thirteen countries, including Vietnam, have agreed to assist Indonesia with collecting taxes overseas. (Photo: Reuters) Jakarta (VNA) – Thirteen countries, including Vietnam, have agreed to assist Indonesia with collecting taxes overseas, allowing the country to go beyond its borders in pursuit of tax evaders, the taxation directorate general has said.
The countries in the reciprocal deal are Algeria, Armenia, Belgium, Egypt, India, Jordan, Laos, the Netherlands, the Philippines, Suriname, the US, Venezuela, and Vietnam.
Yon Arsal, expert staff on tax compliance for Indonesia’s finance minister, told a recent media gathering held by the Bali tax office that these tax payables will be reciprocal and Indonesia has to assist the countries in the same matter.
Indonesia's parliament introduced a new “omnibus” law – known as the Harmonised Tax Law in October.
The country has signed treaties to avoid international double taxation with 67 countries.
The Indonesian government is mulling over tax exemption mechanisms and assistance, aiming to significantly reduce taxes and attract investment./.
