• Service: Tax
  • Date: 1/7/2015

Tax News Flash December 2014 

This December 2014 Tax News Flash covers Tax Information Exchange Agreements (“TIEAs”)
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The increase in cross-border transactions that comes from global financial systems requires more effective cooperation between country governments, especially regarding transaction tax implications. Therefore, exchange of information between governments is becoming one of the key sources to ensure taxpayers comply with tax regulations.

Indonesia has ratified the above TIEAs, which became effective in September 2014