Tax losses from Fake Cosmetics in Indonesia

Financial losses of $515 Million (4.41 Trillion Indonesian Rupiahs) occur in Indonesia every year due to the importation of counterfeit cosmetics into the country.

Fake cosmetics are the number one counterfeited product in Indonesia, with most of the counterfeit cosmetics entering the country from South Korea or China.

Source: “Bargain hunters find fake cosmetics,” Jakarta Post, September 10, 2010.