Metrotvnews.com, Jakarta: Minister of Law and Human Rights Yasonna Laoly is optimistic the Constitutional Court (MK) will not annul the Tax Amnesty Law. Several civil advocate groups (NGO) filed judicial review to the MK on Wednesday, July 13. The groups… Read More ›
Tax Amnesty in English
Minister to attend judicial review on tax amnesty law
REPUBLIKA.CO.ID, JAKARTA — President Joko Widodo has instructed the Finance Minister to attend a judicial review session on the Tax Amnesty Law at the Constitutional Court in an attempt to explain the regulation comprehensively. “The government will appoint legal experts,… Read More ›
IBPA: Bond market predicted to be brisker with tax amnesty
REPUBLIKA.CO.ID, JAKARTA — Indonesia Bond Pricing Agency (IBPA) predicted the country’s bond market would be brisker with the tax amnesty policy. “Tax amnesty would bring on significant effect on the bond market in the country as a result of expected… Read More ›
Indonesia investors anticipate tax amnesty windfall
SINGAPORE — The Indonesian tax amnesty law passed last month has bolstered financial markets amid high hopes that reduced rates will spur a massive influx of repatriated assets. Thumbs-up Indonesian stocks surged on the afternoon of June 28, after the… Read More ›
Tax Amnesty a Positive Catalyst for Indonesian Stocks, Bonds: MAMI
Jakarta. The recently launched tax amnesty program will give the government a wider fiscal space for spending in infrastructures and boosting growth, laying a stronger foundation for further rallies in the country’s bond and stock markets, Manulife Aset Manajemen Indonesia… Read More ›
Tax amnesty to lift property demand: BTN
Indonesia’s biggest mortgage lender, PT Bank Tabungan Negara (BTN), is optimistic that the tax amnesty will lead to increased property demand, both directly and indirectly. BTN president director Maryono said the tax amnesty was expected to add to banking liquidity,… Read More ›
Tax amnesty officially challenged at court
Two groups have submitted requests with the Constitutional Court for a judicial review of the recently passed Tax Amnesty Law. The first group respresented the Indonesian People’s Struggle Union and two individuals, while the second petition had been submitted by… Read More ›
State firms to tap into fund inflows from tax amnesty
State-owned companies expect to raise Rp 14.3 trillion (US$1.1 billion) in the stock market, which has seen an improved buying mood on the back of the initiation of the government’s tax amnesty program. Four state firms — builders Pembangunan Perumahan… Read More ›
NGO to request judicial review of Tax Amnesty Law
A legal aid NGO plans to request a judicial review of the Tax Amnesty Law passed by the House of Representatives late last month, while the government is drafting the technicalities on the law’s implementation. Several lawyers of the West-Java… Read More ›
Govt forms legal team to defend tax amnesty
The government insists that the tax amnesty is not aimed at helping “big fish” tax evaders but instead aims to reduce the burden on other taxpayers, including small and medium enterprises (SMEs). At the same time the government is putting… Read More ›
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