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Outrageous! Apple asks for 50-year tax holiday in Indonesia, government inflamed

Apple Requests 50-Year Tax Holiday in Indonesia, Government Upset Apple's request for a 50-year tax holiday in Indonesia has sparked strong reactions from various parties, including the Indonesian Parliament and the general public. Tax holidays, which are tax incentives to attract investment, are usually granted for a certain period of time. However, the request made by the US tech giant is considered unreasonable and excessive. What is a tax holiday and why is it important? A tax holiday is a policy that allows foreign companies to be exempted from tax obligations for a certain period. This policy aims to attract foreign investment, increase capital flows, create new jobs, and accelerate local infrastructure development. However, this policy also has risks, such as losing state tax revenue. Tax-free period may reduce the state budget Dependence on foreign investment Companies may leave after the incentive ends [...]

ardiya aji candra Friday, December 27, 2024