Rush to get best terms hikes Indonesia tax amnesty revenue to $7.45 billion

Rush to get best terms hikes Indonesia tax amnesty revenue to $7.45 billion
 

The first phase of Indonesia's tax amnesty, which tens of thousands joined on the final days, collected 97.2 trillion rupiah (5.74 billion pounds) in revenue to help cover the government's fiscal deficit, Finance Ministry data showed on Saturday.
Some 366,757 taxpayers, including some of the wealthiest individuals in Southeast Asia's largest economy, signed up for the first phase that concluded on Friday, the ministry's website said.
They declared assets worth a total of 3,620 trillion rupiah, with 137 trillion rupiah pledged to be repatriated to Indonesia, it said.
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1 October 2016 in World News, Views: 35
Source: Reuters
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