Local Companies Push for Equal Taxation

KOMPAS/PRIYOMBODO

Finance Minister Sri Mulyani Indrawati delivers a statement on the state budget’s performance on 21 June 2019 at the Finance Ministry, Central Jakarta. Her portrait is superimposed with images of monitors displaying data for the June 2019 APBN KiTa (state budget performance and facts) in this multiple exposure photograph.

Efforts to tax foreign digital technology companies are constrained by limited regulations. Local companies are hoping for equal taxation to level the playing field.

JAKARTA, KOMPAS — Local companies believe that existing regulations have yet to accommodate the latest developments in the digital economy, especially in taxation. Market countries, such as Indonesia, hope there will be an immediate solution for fairer and more proportional global taxation on digital economic transactions.