JAKARTA, Aug 14 — Indonesia is considering options for setting up tax-haven jurisdictions as it tries to lure back billions of US dollars through its amnesty programme to fund infrastructure projects and finance the widening budget deficit, Coordinating Maritime Minister… Read More ›
Tax Amnesty in English
Repatriated Funds from Tax Amnesty Program Reaches Rp931 Billion
TEMPO.CO, Jakarta – Director of Services, Education, and Public Relations of the Taxes Directorate General of Ministry of Finance Hestu Yoga Saksama said repatriated funds from the tax amnesty program has reached Rp 931 billion until Saturday (13/8), or almost a month since… Read More ›
Minister Says Tax Amnesty Program Will Boost GDP
TEMPO.CO, Jakarta – Coordinating Minister for Maritime Affairs Luhut Binsar Panjaitan says that the tax amnesty program is expected to boost Indonesia’s gross domestic product (GDP). “Our GDP is now almost US$ 1 trillion. With the implementation of this tax amnesty… Read More ›
State Has Collected Rp231bn Tax Amnesty Retribution Charge
TEMPO.CO, Jakarta – Directorate General of Tax at the Finance Ministry Tuesday, August 9, has reported on its official website that the tax amnesty retribution charge had reached Rp231.43 billion. The amount is part of the total declared asset of Rp10.9 trillion…. Read More ›
BTN appointed tax amnesty gateway bank
State housing lender Bank Tabungan Negara (BTN) will join other state banks appointed to absorb repatriated funds in the tax amnesty following the Finance Ministry’s approval for the bank to be issued a license to manage investment accounts. The government… Read More ›
Government striving for real results in tax amnesty
Almost two months into the implementation of a much-heralded tax amnesty, the government is looking to yield real results, as outcomes remain below expectations. Walk the talk: Such was the clear and strong message conveyed on Wednesday by Finance Minister… Read More ›
Capital market hopes for success of tax amnesty program
Jakarta – The Indonesia Stock Exchange (BEI) is of the view that industry players in the capital market expect the tax amnesty program to succeed and have a positive impact on the countrys economic development. “The Indonesian capital market is… Read More ›
Indonesian tax amnesty pitch: Bring it back to a new home
JAKARTA: Indonesians who have stashed billions of dollars abroad over the years can now bring their hoard safely back home – literally, to a newly bought condo. That’s the pitch from PT Intiland Development Tbk and other Indonesian property developers… Read More ›
Indonesia to allow seekers of tax amnesty to purchase gold, property
For Indonesians seeking to bring back billions of dollars stashed overseas, the government just opened up more avenues to park their funds under a tax-amnesty plan. Individuals who sign up to the amnesty will be allowed to invest in assets, such… Read More ›
Indonesian tax amnesty pitch: Bring it home to a new home
Indonesians who have stashed billions of dollars abroad over the years can now bring their hoard safely back home – literally, to a newly bought condo. That’s the pitch from PT Intiland Development Tbk and other Indonesian property developers that… Read More ›
