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【Wealth Succession】INDONESIA: Tax-resident foreign skilled workers now exempt from worldwide tax for four years

Indonesia’s newly enacted Employment Creation Law Number 11/2020 (the so-called ‘Omnibus Law’), exempts foreign individuals from tax on their offshore income for up to four years after they become a tax resident of the country, provided that they hold certain skills and fulfil eligibility criteria. Indonesian nationals who live abroad for more than 183 days in a 12-month period will be ...

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