JAKARTA — “Declare. Redeem. Relieved.” So reads Indonesia’s tax amnesty slogan, plastered on banners along a busy main road in suburban Jakarta. A month after the introduction of the new policy tax professionals say they have been inundated with queries… Read More ›
Tax Amnesty in English
Tax Amnesty Attracts Rp 3.8t in Declared Assets; Rp 579b Repatriated in 2nd Week
Jakarta. Indonesia’s tax amnesty program has made progress in its second week, boosting confidence among the country’s top officials that it will attract trillions of rupiah in repatriated assets. The Directorate General of Taxes has received 344 asset declarations by… Read More ›
Indonesia sets to unveil stimulus policy on property amid asset repatriation
JAKARTA, Aug. 2 (Xinhua) — The Indonesian government plans to launch an economic stimulus package to revive property sector as a huge of assets has started to repatriate. Economic ministers held a meeting on Tuesday, discussing the finalization of the… Read More ›
Pengembang tunggu mekanisme tax amnesty
JAKARTA. Para pengembang kini tengah menunggu mekanisme dana pengampunan pajak (tax amnesty) bisa masuk ke ranah properti. Maklum dana pengampunan pajak yang bisa masuk ke bisnis properti terbilang besar. Indonesia Property Watch (IPW) memprediksi potensi masuknya dana repatriasi dari program… Read More ›
Interest in Indonesian tax amnesty growing fast
JAKARTA — “Declare. Redeem. Relieved.” So reads Indonesia’s tax amnesty slogan, plastered on banners along a busy main road in suburban Jakarta. A month after the introduction of the new policy tax professionals say they have been inundated with queries… Read More ›
Update Tax Amnesty Program of Indonesia: Results So Far?
The tax amnesty program of Indonesia runs between 18 July 2016 and 31 March 2017 (roughly nine months). Within that period, the central government targets to see the declaration of IDR 4,000 trillion (approx. USD $307 billion) worth of funds… Read More ›
President makes sale pitch for tax amnesty
President Joko “Jokowi” Widodo has reverted to his political campaign mode to rally support for his tax amnesty program, which could significantly plug the widening budget deficit. Jokowi worked the crowd of more than 10,000 people on Monday who joined… Read More ›
Tax Amnesty Raises Forex Reserves to US$6 B, Jokowi Says
TEMPO.CO, Jakarta – President Joko “Jokowi” Widodo claimed that the tax amnesty law has managed to raise the foreign exchange reserves. According to Jokowi, the tax amnesty participant’s declared assets boosted the forex reserves to US$6 billion (Rp78.4 trillion) in two weeks…. Read More ›
Tax amnesty Law: An invitation for criminals
The House of Representative has finally passed a law authorizing a new tax amnesty. This amnesty period will apply to both individuals and businesses and cover obligations including income tax, value-added tax (VAT) and/or luxury-goods sales tax. To qualify, taxpayers… Read More ›
Jokowi hopeful more Indonesians will participate in tax amnesty
JAKARTA — Indonesian President Joko “Jokowi” Widodo yesterday urged citizens to take part in the country’s new tax amnesty and pledged that his government will “go all out” to keep the law behind it from potentially getting blocked in court,… Read More ›