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Indonesia Plucks a Golden Goose
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Indonesia Plucks a Golden Goose

Our Correspondent
Feb 23, 2011
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Indonesia Plucks a Golden Goose
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In what appears to be a misguided attempt to stimulate Indonesia’s flagging domestic film industry, the government has told theatre owners it intends to introduce a new 23.75 percent excise tax on foreign films, effectively halting their distribution in the country.

Importers already have to pay a cumulative tax between 43.75 and 48.75 percent in excise …

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