The Tax Court had on July 16, 2014 ruled in favor of PT Surya Citra Media Tbk (SCMA), parent of free-to-air TV stations SCTV and Indosiar, and decided to drop the decision of Directorate General (DG) Tax which rejected SCMA’s utilization of book value in the transfer of assets pursuant to merger (of SCMA and Indosiar).
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