TaxGuide
TaxGuide is a publication of MUC Consulting covering latest information on tax and accounting. Editorial team is open for contributions in the form of photo and opinion related to tax and accounting issues. Any opinion published in TaxGuide is not a representative of MUC Consulting view.
Edition #30
The Threat of Reflation and Tax Challenges in 2023
The tense geopolitical factor in the Crimean Peninsula has become a new trigger for global economic and political issues. The year 2022 begins with Russia's aggression against Ukraine, which has repercussions around the globe. Starting from the food and energy crises in Europe, supply chain disruptions, high inflation, to presenting the threat of recession in many nations.
Despite being overshadowed by the risk of global uncertainty, the pace of Indonesia's economy so far has been quite impressive, with an average growth of over 5% in the last three quarters. It must be admitted that the National Economic Recovery (PEN) Program has been quite successful in preserving economic stability during the pandemic.
