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Indonesia Provides Reduced Tax Rate on Bond Income of Collective Investments

|Approved Changes|Indonesia
Indonesia

Indonesia has published Government Regulation No. 55 of 2019, which came into force on 12 August 2019 and provides for a reduction of the income tax rate on bond income received by collective investment contracts in the form of infrastructure investment funds, real estate investment funds, and asset-backed securities recorded at the Financial Services Authority. This includes that income recei…

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