Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Indonesia

Indonesia investigates Ford for not paying tax

byCT Report
19/09/2016
in Indonesia
Share on FacebookShare on Twitter

JAKARTA: Ford Motor Indonesia, which shut operations in the country in early January, is now under investigation by the Indonesian Finance Ministry following recent findings of irregularities in the latter’s report on paid luxury tax.

Local English newspaper The Jakarta Post quoted the ministry’s directorate general for customs and excise spokesperson Denny Surjantoro as saying that based on the findings, Ford Motor Indonesia had only reported paid luxury tax for the 10-seater variant of its Everest model, although the company had also imported the model’s seven-seater variant into the country.

You might also like

Indonesia records 2.68 percent January inflation using new formula

03/02/2020

Good time to invest in Indonesia: BI lauds country’s economic stability

30/01/2020

He said that the investigation is still ongoing even though the American carmaker has shut operations in the country. Under a 2006 government regulation on luxury tax, the Indonesian government imposes a 20 per cent tax on seven-seater cars and a 10 per cent tax on 10- to 15-seater variants.

In January, Ford announced it would shut operations in Indonesia and Japan, citing the company’s small market share in both countries.

Related Stories

Indonesia records 2.68 percent January inflation using new formula

byadmin
03/02/2020

Indonesia recorded annual inflation of 2.68 percent in January in applying a new formula for calculating its consumer price index...

Good time to invest in Indonesia: BI lauds country’s economic stability

byadmin
30/01/2020

Indonesia has proven its ability to maintain economic stability and resilience amid global uncertainties, a top central banker has said...

SoftBank offers to invest up to $40bn in Indonesia’s new capital

byadmin
21/01/2020

JAKARTA: Japan's SoftBank Group has offered to invest between US$30 billion and $40 billion in the development of the new...

Indonesia, UAE sign business deal worth B690 billion

byadmin
13/01/2020

JAKARTA: Indonesia signed 11 business deals with the United Arab Emirates worth a combined 314.9 trillion rupiah (690 billion baht)...

Next Post

S&P upgrade Hungary's currency

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.