December 2, 2023

Indonesia: Majority of declared and repatriated assets coming from Singapore [not the ‘infamous’ Cayman Islands]

By Ayomi Amindoni From The Jakarta Post Most of the declared and repatriated assets in the first round of the tax amnesty program have come from Singapore, and not from the tax havens, directorate general of taxation data shows. Declared assets from Singapore stood at Rp 652 trillion (US$50.22 billion), or 68.51 percent of total […]