The most populous country and arguably the largest economy on the continent, Nigeria is widely regarded as an African powerhouse.
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Articles & Analysis | A breakdown of regulations governing Indonesia's tax system from The Report: Indonesia 2017
The Indonesian government has set a target tax-to-GDP ratio of 16% by 2019, up from the current average of 12-13%. While ambitious, the goal is not unattainable given that neighbouring countries Vietnam, Malaysia and Thailand have tax-to-GDP ratios averaging of 13% and 17%. However, the target can only be reached by widening and stabilising...
Interviews & Viewpoints | Ay-Tjhing Phan, Tax Leader, PwC Indonesia, on balancing government and investor interests: Viewpoint from The Report: Indonesia 2017
In order to finance Indonesia’s development, the government aims to achieve a 16% tax-to-GDP ratio by 2019. Armed with a five-year plan, the Directorate General of Taxation (DGT) faces a challenging, but not impossible, task in reaching this aspiration. Indonesia’s tax system is largely based on self-assessment, and despite the DGT’s efforts...
This chapter examines Indonesia’s tax regime, focusing on a newly improved amnesty facility, income tax breaks available for pioneer industries, a new effort to improve data collection and processing, and the reduction of luxury goods tax for certain products.
It also contains a viewpoint from Ay-Tjhing Phan, Tax Leader, PwC Indonesia.
The Indonesian government is in the midst of pursuing an ambitious new growth strategy, emphasizing investment over domestic consumption as a primary growth driver in the wake of depressed commodity prices, lagging household consumption and lower-than-anticipated government revenues.
A country of extraordinary diversity, spread across some of the world’s most spectacular, and often inhospitable, terrain, Papua New Guinea today is a country once again at a crossroads. A major economic boom driven by a massive liquefied natural gas project has been swiftly followed by a sharp slowdown as global oil prices fell, and as a result the government has come under some pressure.