David Roman, Pooja Thakur Mahrotri, and Chanyaporn Chanjaroen, Singapore –Never mind that Singapore is experiencing one of the worst property slumps in its history, demand for luxury housing is sud

Prima Wirayani, Jakarta – As the end of the first phase of the tax amnesty approaches, with little so far to show from the much-vaunted policy, the noose has begun to tighten around the state budge

Jakarta – President Joko "Jokowi" Widodo hoped that his flagship tax amnesty policy would be the dawn of a new day for the country's economy, with billions of dollars of Indonesian funds stashed ov

Rendi A. Witular, Jakarta – Since its passing in late June, President Joko "Jokowi" Widodo's signature policy, the overly hyped tax amnesty program is projected to be a letdown.

Jakarta – Dozens of workers recently staged a rally in front of the Constitutional Court demanding the annulment of the Tax Amnesty Law, during the first hearing of their judicial review against th

Prima Wirayani, Jakarta – Pensioner Elyzabeth, 63, annually pays taxes for her car and a 0.25-hectare plot of land, but she has not declared both assets on her tax returns form (SPT).

Prima Wirayani, Jakarta – The government's tax amnesty bullets seem to be hitting the wrong targets as most people participating in the program so far are small taxpayers, not those who keep assets

Farida Susanty, Jakarta – A couple of months into the government's showpiece tax amnesty program, less than 1 percent of its targets have been met, even though President Joko "Jokowi" Widodo expect

Ayomi Amindoni, Jakarta – The Finance Ministry has admitted that the realization of the country's flagship tax amnesty during its first month of implementation was below target.

Ayomi Amindoni, Jakarta – Despite the high enthusiasm seen in every tax amnesty program dissemination event held throughout the country, the number of program participants are still below the gover

Prima Wirayani, Jakarta – Indonesia will need to offer more than tax incentives in order to propel competitiveness with its peers in ASEAN, especially if it wants to compete with renowned business

Prima Wirayani, Jakarta – Finance Ministry's taxation director general Ken Dwijugiasteadi expresses hope that corporate income tax can reach as low as 10 percent, from the current 25 percent, in th

Arya Dipa and Prima Wirayani, Bandung/Jakarta – As prospects dim over the repatriation goal of the tax amnesty, President Joko "Jokowi" Widodo appears to be turning up the heat on the middle class

Jakarta – The government announced on Tuesday that it had recorded Rp 989 billion (US$75 million) of declared assets in its tax amnesty program.

Grace D.

Prima Wirayani, Jakarta – Laborers have become the latest party to throw a punch at the Tax Amnesty Law as they appealed for a judicial review at the Constitutional Court on Friday, following in th

Ayomi Amindoni, Jakarta – Finance Minister Bambang Brodjonegoro has claimed that Singapore's move to cut tax rates and offer facilities to keep Indonesian assets from leaving the city state is a co

Ayomi Amindoni, Jakarta – President Joko "Jokowi" Widodo led the tax amnesty campaign team in Surabaya on Friday, undermining the activist-led effort to challenge the Tax Amnesty Law through a judi

Erika Anindita Dewi, Jakarta – 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

Anton Hermansyah, Jakarta – Around half of the repatriated assets expected as a result of the tax amnesty are likely go to their owners own companies, a business representative believes.

Jakarta – The government is being too optimistic in setting a state revenue target of Rp 165 trillion (US$12.53 billion) for the tax amnesty program, says Indonesian Chamber of Commerce and Industr

Ayomi Amindoni, Jakarta – The Taxation Directorate General has decided to postpone a plan to collect credit card transaction data until the scheduled end of a planned tax amnesty in March next year

Ayomi Amindoni, Jakarta – President Joko "Jokowi" Widodo has officially inaugurated the Tax Amnesty Law on Friday, marking the beginning of the most-anticipated program to repatriate funds from ove

Markus Junianto Sihaloho – A budget watchdog is warning that the bill for state-funded trips this year will exceed Rp 23.9 trillion ($2.6 billion), almost 10 times the amount allocated

Dion Bisara – The government plans to conduct a nationwide census that could boost the number of tax-paying residents by more than 25 percent by 2013, in a bid to increase revenue after

Jakarta – A group of non-government organizations have called the 2010 Law on the 2011 State Budget "unconstitutional" for alledgely failing to provide adequate funds to improve people'

Irawaty Wardany, Jakarta – Critics say that despite campaigning on a populist platform, President Susilo Bambang Yudhoyono continues to act the opposite by renovating the fence encircli

Yuli Tri Suwarni, Bandung – The Bandung municipality has set aside more than Rp 1.6 billion (US$177,000) for office renovations and official cars for newly elected Mayor Dada Rosada and

Dili – East Timor's parliament has approved a state budget of nearly $350 million for 2008 that aims to improve security and tackle poverty in Asia's youngest nation.

The latest data on individual income-tax payers, as revealed by Tax Director General Darmin Nasution last week, was not only shockingly small, but also strikingly contrary to what had b

Kupang – The Government of East Timor still did not have enough funds to reimburse the Indonesian government, state owned enterprises, and private Indonesian citizens for assets left be

Urip Hudiono, Jakarta – Despite a thawing in the once icy relationship between the government and the House of Representatives, the administration's plan to revise several assumptions i

Jakarta – Soaring oil prices raising government spending on the fuel subsidy, and coupled with the shortfall in a number of revenue targets, has left the government under intense pressu

Owen Podger, Jakarta – The Jakarta Post recognized the significance of the new law on fiscal balance in an editorial on Monday October 4, 2004, by stating: "The most important elements

Rendi A.

Dadan Wijaksana, Jakarta – The government expects this year's non-tax revenue to increase by more than 60 percent from the original allocation in the 2004 state budget, due mostly to th

Dili – International donations were used to plug East Timor's USD 22 million budget deficit in the financial year 2001-2002, although the world's newest nation's state receipts were hig

Dili – The East Timorese government is to undertake a review of its state budget plans after a fall in government receipts and delays in delivering aid funds have left the new nation wi

President Xanana Gusmao vetoed the East Timorese government's tax-hiking fiscal bill Friday, in his second clash this month with Prime Minister Mari Alkatiri over financial and economic

President Xanana Gusmao will address the East Timorese Tuesday in a nationally broadcast speech that an aide described Monday as centered on his two-week delay in signing the government

Kurniawan Hari, Jakarta – In an effort to lower book, newspaper and magazines prices, editors and legislators on Thursday agreed to demand the government remove the imposition of value-

Kurniawan Hari, Jakarta – Aceh Governor Abdullah Puteh met House of Representatives Speaker Akbar Tandjung and People's Consultative Assembly Speaker Amien Rais on Wednesday to lodge a

Dili's interim government has approved a USD 75 million budget for East Timor's first year as an independent state.

Karen Polglaze, Canberra – International donors today signed-off on East Timor's 2001-02 budget, the blueprint that will take the new country through elections to independence.

Jakarta – President Abdurrahman Wahid said on Monday that Indonesia should learn from Nigeria's initiative to reduce its reliance on funding from international financial institutions su

Jakarta – The World Bank's board in Washington has approved a new lending program for Indonesia of $400 million annually over the next three years, much lower than the $1.3 billion aver

Jakarta – The Finance Ministry said on Monday that it had issued 41 new decrees, including 38 new tax and excise decrees, in a bid to meet the government's 2001 state budget revenue tar

Associated Press in Dili – For the first time since East Timor broke free from Indonesian occupation last year, wage earners in the territory will have to pay income tax, according to a

Manado – Over half of the country's legislators, many ministers, generals and other high-ranking government officials were evading tax payments, Director General of Tax Machfud Sidik sa

Mark Dodd, Dili – The de facto parliament, the National Consultative Council, has approved a Budget of $US59.23 million to help the nation rebuild after last year's devastating militia