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Asia TimesHong Kong

Indonesia should count the real cost of its mineral incentives

Every year, the Indonesian government forgoes taxes it could collect. Through tax holidays, rate cuts and exemptions, it courts investment while easing the burden on households and small businesses. Economists call this “tax expenditure” because giving up revenue is another way of spending public money. The Ministry of Finance expects it to reach 564 trillion […] The post Indonesia should count the real cost of its mineral incentives appeared first on Asia Times .

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