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Indonesia achieves quarter of amnesty target at first waypoint

Indonesian authorities report that Rp135.4 trillion (US$10.5 billion) – or nearly 25% of Bank Indonesia’s tax amnesty target – was repatriated by last Friday, following an aggressive lobbying campaign by President Jokowi Widodo who visited some of the country’s wealthiest to push his cause. Friday marked the deadline for those wanting to take advantage of a minimum 2% penalty on…

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