Moody's Investors Service
Indonesia needs to boost government revenue to win a credit rating upgrade like India, Moody’s Investors Service said.“The challenge for Indonesia is not so much curbing spending but raising revenues,” Anushka Shah, Moody’s sovereign analyst in Singapore, said in an emailed response to questions.
The Philippine government plans to target additional companies in its crackdown on tax evasion, said Finance Secretary Carlos Dominguez.“We are on a roll, and this is part of the president’s programme to make our country more law abiding," Dominguez told Bloomberg Television’s Kathleen Hays in an interview in Washington on Friday. “Tax evasion is a really serious violation and we are going after” evaders.Dominguez said he expects a tax reform bill to receive lawmaker approval.
