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Sunday, December 15, 2024

One in Four Indonesia Firms Involved in Tax Evasion, World Bank Says

 

At least one in four firms in Indonesia evaded tax, which is more prevalent among exporters, according to a World Bank survey.

The survey, highlighted in the bank’s December edition of Indonesia Economic Prospects report, showed that tax evasions in Southeast Asia’s largest economy were likely influenced by the companies’ perception of a common practice in the system and administration.

https://www.bloomberg.com/news/articles/2024-12-16/one-in-four-indonesia-firms-involved-in-tax-evasion-world-bank

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