Indocement pays tax arrears, Indonesia

Indocement pays tax arrears, Indonesia
14 January 2010


Indonesian cement company PT Indocement Tunggal Prakarsa in Tarjun, South Kalimantan, finally settled its tax arrears of about Rp3 billion (US$327,000) on quarrying-C mining business, after the local government refused the company’s tax deduction request.

Head of the regional Revenue, Finance and Asset Management of Kotabaru district, H Achmad Chairansyah said here Wednesday that his office has received the tax arrears payment from PT. Indocement Tunggal Prakarsa or ITP cement factory.
Published under Cement News