Singapore, Indonesia will exchange financial data to crack down on tax evaders | Video

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Singapore, Indonesia will exchange financial data to crack down on tax evaders | Video

(Updated: )

Singapore and Indonesia will start exchanging financial data on taxpayers by the end of the month, in a move aimed at curbing tax evasion. Under the Automatic Exchange of Information (AEOI) arrangement, authorities from both Indonesia and Singapore will be able to check on undeclared assets held by its citizens in the other party's country. Brandon Tanoto with more.

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