Indonesia Targets Social Media for Tax Revenue

The video discusses Indonesia's focus on taxing social media stars and online merchants to address a significant revenue shortfall. The country is experiencing an economic slowdown, with a budget deficit nearing its legal cap. To mitigate this, Indonesia is scrutinizing social media activities for potential tax revenue, targeting Instagram celebrities and online merchants. The government is also implementing a tax amnesty, which has already generated substantial revenue, and is working to broaden the tax base. The new finance minister is actively addressing tax avoidance issues.

Why are Indonesian authorities scrutinizing social media stars?

• To promote their products

• To support local businesses

• To increase social media engagement

• To generate significant revenue

What economic challenge is Indonesia currently facing?

• Increasing commodity prices

• A slowing economy

• High inflation rates

• A surplus in the budget

What is the purpose of Indonesia's tax amnesty?

• To reduce government spending

• To encourage tax avoidance

• To generate additional revenue

• To increase the budget deficit

Who is leading the efforts to address tax avoidance in Indonesia?

• The new finance minister

• The Governor of the Central Bank

• The Minister of Trade

• The President of Indonesia

What is one of the strategies Indonesia is using to increase revenue?

• Cutting public sector jobs

• Reducing taxes for businesses

• Broadening the tax base

• Increasing import tariffs