| 11.06.2009 - Jakarta to decide on Islamic bank tax bill |
| From Thepeninsulaqatar.com: Indonesia could decide by September whether to amend double taxation laws that make Islamic financial transactions costlier than conventional deals, a parliamentarian said yesterday. The Indonesian parliament is debating a bill that would change the double taxation law. The tax hit holds back the expansion in Indonesia of the $1 trillion global Islamic financial industry, bankers and lawyers say.........Full Article: Source |