Vietnam among countries to help Indonesia pursue overseas taxpayers
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./.