Although doubts remain as to whether Indonesia will be able to meet its ambitious target of Rp165 trillion (US$12.6 billion) in tax redemptions, progress is being made with 1,929 tax payers registering for the amnesty, according to media reports. These individuals have reportedly contributed Rp6.9 trillion (US$530 million) of declared assets and Rp123.2 billion (US$9.4 million) in redemptions. As of 5 September 2016,…
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