JAKARTA (Reuters) -- Indonesia's finance ministry said on Thursday it had issued a regulation to implement the global minimum corporate tax at 15% effective from Jan. 1 as part of an international push to limit tax competition between countries.
The largest economy in Southeast Asia is among 140 countries that agreed on a landmark 2021 deal allowing governments to apply a top-up tax to the 15% level on any corporate profits booked in a country with a lower rate.
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