LG CNS Co has secured a 100 billion-won deal to build Indonesia's core tax administration system (CTAS) be used by 42 million taxpayers and 32,000 tax officials.
It was the largest e-government system contract by a South Korean firm.
LG CNS, an IT service unit of South Korea's LG Group, plans to establish the system using the latest technologies, including cloud and big data, by the end of 2024.
The company's previous projects with the Indonesian government were to set up a digital system for the country's national police agency in 2007 and the national financial information system in 2015.
The said projects helped it secure the CTAS deal.
Seoul's National Tax Agency will conduct training programs for their Indonesian counterparts to better manage tax services.


WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition
Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance
Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales
Google Secures Pentagon AI Deal for Classified Projects 



