Indonesia Amnesty Tax Under-Collection Won't Derail Massive Infra Spend
Gary Lim, Regional Fund Manager, Apex Investment
20-Sep-16 09:20
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Targetted collection from Indonesia's tax amnesty effort would amount to 1.3% of GDP. The most successful, the Chilean tax amnesty only collected 0.62% of GDP.
The Indonesian market's perceived expensiveness is also skewed by a few big cap stocks.
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