Norway Asks Indonesia to Apply Definitive Tax System
Friday, 30 March, 2007 | 16:10 WIB

Tempo Interactive, Jakarta: Norwegian Prime Minister Jens Stoltenberg has asked Indonesia to apply a tax system that is open, stable and has legal certainty. According to him, many companies in Norway are interested in investing here: for example, an oil and gas company.

“The key is an open, stable and definitive tax system,” said Stoltenberg in a joint press conference after meeting with President Susilo Bambang Yudhoyono at Merdeka Palace yesterday (03/29).

Based on his experience, oil and gas companies can live by various tax systems, whose nature is definite and stable. “If the tax system were stable and certain, we would survive although the tax assessment is high,” he said.

Stoltenberg said that he was very happy should there be a company with foreign capital investment that could develop the oil and gas industry. He also suggested that Indonesia control national enterprises to assure their contribution to the government.

Norwegian oil and gas companies, according to him, pay particular attention to a healthy environment as has been mandated by the UN convention on climate change or the Kyoto Protocol concerning the international agreement on global warming.

In response to Stoltenberg, President Yudhoyono said he promised to improve investment and the business climate so that multinational companies increase their capital in Indonesia. The steps that the President wanted to be taken was that of issuing a Law on Taxes and a Law on Capital Investment.

BADRIAH
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