Jakarta (ANTARA News) - Japan intends to step up the value of its investment in Indonesia, Japanese Parliamentary League chairman Taku Yamasaki told President Susilo Bambang Yudhoyono at the presidential office here on Friday.

Jakarta (ANTARA News) - The government is proposing to the House of Representatives (DPR) a 200 percent in increase in maximum luxury good sales` tax (PPnBM), or a drastic increase from the current PPnBM at 75 percent, according to a government`s draft proposal on increase in value added tax (PPN)...

The central government and the House of Representatives are amending the 2000 Law on Regional Tax and Retribution in an effort to prevent regions from enacting selfish bylaws.The amendment is aimed at encouraging investment in cities and regencies that have in the past enacted bylaws designed to...

A proposed amendment of the income tax law by the Susilo Bambang Yudhoyono government would cut the corporate income tax rate to a flat rate of 25 percent from between 10 and 30 percent at present.Discussions about lowering taxes on businesses invite several objections.