trending Market Intelligence /marketintelligence/en/news-insights/trending/O1voZMBSSjIV8sJchqv2FQ2 content esgSubNav
In This List

Tax officials raid Google's Indonesia office

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

TMT Digital Newsletter: May 2021

Blog

Fintech Intelligence Digital Newsletter: May 2021


Tax officials raid Google's Indonesia office

Indonesianauthorities raided Google Inc.'soffice in Jakarta after the AlphabetInc. unit refused a tax audit, Bloomberg News reported Sept. 29.

Muhammad Haniv, head of special taxpayers at the FinanceMinistry, reportedly said in an interview that the government issued Google awarning for refusing the audit before proceeding to visit the search giant'soffice "many times" to retrieve data. Indonesian President JokoWidodo's government is said to be boosting efforts to retrieve more revenuefrom internet firms.

A Google spokesman said the company has paid all taxes inIndonesia and is cooperating with authorities.

In July, Spanish police searched Google's Madrid offices as part of a taxinvestigation, following a similar raidon the company's Paris hub in France in May.