Indonesia authorises tax office to access account information at financial institutions

17 May 2017 | 2 minutes read

Indonesian President Joko Widodo has signed a law allowing tax authorities to access information on accounts held at financial institutions, according to a report by Reuters. The island nation’s new regulation requires banks, insurance companies and other financial institutions to report on client information – such as cash balances and financial gains from assets, as required under international standards –…

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