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Indonesia preparing to implement new excise tax on plastics

by ChemOrbis Editorial Team - content@chemorbis.com
  • 24/03/2016 (11:23)
According to media reports, Indonesia’s Finance Minister reported that they would soon propose a plan to the parliament for the implementation of a new excise tax on various kinds of plastics and packaging.

The Minister reportedly said that unless new tax amnesty rules are introduced and the state budget is revised, the government may miss their tax revenue target by up to 250 trillion rupiah ($18.96 billion) this year.
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