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Indonesia: Govt regulates Shariah tax

Posted on 18 January 2012

The government issued a tax regulation on sharia businesses. The regulation stipulates income tax on sharia funding businesses and banking activities.
“The regulation is an effort to synchronize tax regulations with sharia business practices,” Dedi Rudaedi, the Finance Ministry’s tax directorate general’s public relations and service director, said………………………………………..Full Article: Source

 
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