Indonesia seeks extra tax from rich to plug budget deficit: ‘hunting in zoo’

Indonesia is seeking to plug an unusually deep revenue shortfall before year-end by scrutinising wealthy individuals and big businesses for extra tax payments. As the country’s budget deficit projection edges towards a 3 per cent gross domestic product cap, tax officials have stepped up scrutiny of the rich, summoning some to review their returns in an effort to boost collections in what has been an anaemic year for receipts in Southeast Asia’s largest economy. Several people familiar with the...