Offering a rapid response to public concerns regarding the minimum threshold for financial-account disclosure, the Ministry of Finance (“Ministry”) has issued Regulation No. 73/PMK.03/2017 (“Regulation 73/2017”) on the Amendment to Ministry Regulation No. 70/PMK.03/2017 [1] on Technical Guidelines for Access to Financial Information for Taxation Purposes (“Regulation 70/2017”).In a nutshell, Regulation 73/2017 revises a number of provisions which relate to the following areas:
Provisions on the Disclosure of Financial Information for Taxation Purposes Revised
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