Indonesia's Cabinet Secretariat has announced the Government's tax reform plans, including changes in income tax, value added tax, and general taxation provisions. The draft bill for the reforms is currently being prepared and includes the following: A reduction in the corporate tax rate from 25% to 20%; A 3% corporate tax rate reduction for companies that list publicly (i.e., 17% with standard rate reduced to 20%); The introduction of an income tax exemption for dividends received from both domestic and foreign companies if holdings at least 25% of the paying company's capital, as well as an exemption for all dividends...