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In 2019, as Indonesia's share of global trade exceeded 0.5 percent, the United States Trade Representatives decided not to classify Indonesia as a "developing country." [ 139 ] Despite a revocation of this status, the Indonesian government has assured that this would not change the current Generalized System of Preferences facilities that ...
Indonesia's taxations system recognises the economic reality of the majority poorer citizens and the poor are exempt from almost any taxation. The underlying ethic of " gotong-royong "- "neighbourly [sic moral] help" is applied where the more fortunate wealthier are enforced to meet their moral obligation of a heavier burden of tax- regardless ...
The national emblem of Indonesia contains a shield that represents Pancasila. Pancasila economics (Indonesian: Ekonomi Pancasila), also known as "Indonesian populist economics" (Indonesian: Ekonomi kerakyatan Indonesia), is an economic system which aims to reflect the five principles of Pancasila. [1]
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The Coordinating Ministry for Economic Affairs (Indonesian: Kementerian Koordinator Bidang Perekonomian) is an Indonesian government ministry in charge of planning and policy co-ordination, as well as synchronisation of policies in the field of economics.
The origin of ORTKP-EKM can be traced back to the foundation of Economic Research Center (Pusat Penelitian Ekonomi, PPE) which was founded on 1962. The PPE was a unit of Indonesian Council of Sciences ( Majelis Ilmu Pengetahuan Indonesia , MIPI), predecessor of Indonesian Institute of Sciences ( Lembaga Ilmu Pengetahuan Indonesia , LIPI).
The Directorate General of Customs and Excise (Indonesian: Direktorat Jenderal Bea dan Cukai abbreviated Bea Cukai or DJBC) is an Indonesian government agency under Ministry of Finance that serves the community in the field of customs and excise. The Directorate General of Customs and Excise has the duty to organize the formulation and ...
In order to coordinate the implementation of taxation regulation in regional level, Inspectorate of Regional Tax was established, namely in Jakarta and some areas such as Sumatra, Java, Kalimantan, and East Indonesia. Inspectorate of Regional Tax later became the Regional Directorate of Taxation (Regional Office) as it is today.