Adrian Wail Akhlas, Jakarta – Finance Minister Sri Mulyani Indrawati on Thursday shared the government's planned tax reforms, which includes relaxing income tax for Indonesian and fore

Marchio Irfan Gorbiano, Jakarta – The Taxation Directorate General will focus on expanding Indonesia's tax base next year in order to meet a tough revenue target for 2020 amid an econo

Jakarta – President Joko "Jokowi" Widodo's omnibus law bill will introduce sweeping tax reforms ranging from reduced income and value-added taxes and zero tax on dividends to lower non

Viriya Singgih and Karlis Salna – Indonesia's government is prepared to widen the budget deficit further to counter a potential deeper deterioration in the global growth outlook, Deput

Marchio Irfan Gorbiano, Jakarta – The government has indicated that the 2019 fiscal deficit could hit its worst-case estimate as it plans to keep spending despite sluggish revenue coll

Viriya Singgih and Karlis Salna – Indonesia's budget deficit has ballooned to more than $20 billion and is set to widen further as Southeast Asia's largest economy struggles amid a glo

Jakarta – Indonesia reported a near flat income in January-October compared with the corresponding period a year earlier on Monday, as revenues from some taxes shrank, underlining the

Jakarta – The poor performance of the government in collecting tax revenues is inseparably linked to the weak economy.

Jakarta – Finance Minister Sri Mulyani Indrawati appointed on Friday her expert assistant Suryo Utomo as the new tax director-general, tasking him to make sure the country meets this y

Triyan Pangastuti, Jakarta – Repatriated funds from the government's tax amnesty program have yet to leave Indonesia even though the holding period for some of the funds had ended, ass

Riska Rahman, Jakarta – The government is on high alert over a possible increase in tax shortfall this year as the economic slowdown is likely to continue until the end of the year.

Made Anthony Iswara, Jakarta – The government has decided to suspend an export tax imposed on crude palm oil (CPO) and its derivative products until next year to ease the financial bur

Jakarta – The House of Representative passed the 2020 state budget bill into law during a plenary meeting on Tuesday.

Erwin C Sihombing, Jakarta – The Jakarta Tax Office said Thursday that 20 Ferrari owners in the city have paid their luxury vehicle taxes, but warned that more than 1,400 luxury vehicl

Larissa Huda, Jakarta – The Indonesian Tobacco Farmers Association (APTI) chairman Agus Parmuji opined the 23-percent cigarette tax hike is beyond a reasonable threshold and will highl

Marvela, Jakarta – Over a thousand cars categorized as luxury cars in the Jakarta area are reportedly in tax arrears amounting to Rp2.4 trillion.

Kunradus Aliandu, Jakarta – Indonesia plans to cut corporate taxes to boost domestic investment.

Marchio Irfan Gorbiano, Jakarta – The government plans to gradually lower the corporate income tax in a bid to attract more investment and boost the country's cooling economic growth.

Norman Harsono, Jakarta – Indonesia's tax office has announced several tax incentives for oil and gas contractors operating in the country.

Nur Yasmin & Dion Bisara, Jakarta – The tax office has dashed hopes for a second tax amnesty over concerns that this may erode its credibility.

Maikel Jefriando, Tabita Diela, Jakarta – Indonesian President Joko Widodo on Friday proposed a 2,528.8 trillion rupiah ($177.56 billion) budget to parliament for 2020, focusing spendi

Jakarta – Finance Minister Sri Mulyani Indrawati is open to the idea of giving taxpayers a second chance to come clean about assets kept abroad amid calls from the public, particularly

Jakarta – The Taxation Directorate General is now preparing a mechanism to collect taxes from all activities in the digital economy, not only trading in marketplaces, but also all acti

Jakarta – The Taxation Directorate General has revoked a regulation on individual income tax to simplify the tax calculation process and ensure legal certainty.

Bambang Nurbianto, Jakarta – Finance Minister Sri Mulyani Indrawati says the slow growth of tax revenues in the first half of 2019 was caused by the implementation of a tax refund acce

Jakarta – The Finance Ministry has projected a revenue shortfall of Rp 140 trillion (US$10.02 billion) from the revenue forecast of Rp 1.58 quadrillion in the 2019 state budget, and th

Jakarta – President Joko "Jokowi" Widodo has issued a regulation on major tax deductions aimed at boosting investment, research and development (R&D) as well as the participation o

Made Anthony Iswara, Jakarta – The government and the House of Representatives on Monday agreed to revise down the tax to gross domestic product (GDP) ratio assumption for the 2020 sta

Jakarta – Finance Minister Sri Mulyani Indrawati has revealed on Tuesday that last year's state budget recorded a deficit of Rp 269.4 trillion, or 1.81 percent of gross domestic produc

Retno Ayuningtyas, Jakarta – The Tax Office has said it does not have enough time to execute a plan to cut the corporate income tax from 25 percent to 20 percent by the end of this yea

Adi Ahdiat, Jakarta – The government has completed the next year's draft budget for ministries and state institutions.

Hendartyo Hanggi, Jakarta – Industry Minister Airlangga Hartarto said the government will continue making policy breakthroughs to make domestic businesses more attractive and able to d

Jakarta – Finance Minister Sri Mulyani Indrawati has expressed concern about a slowdown in tax revenue this year.

Dion Bisara & Novy Lumanauw, Jakarta – The government is prioritizing revisions to the corporate income tax law, seeking to cut the tax rate from 25 percent to 20 percent to attrac

Jakarta – The Supreme Audit Agency (BPK) on Tuesday gave unqualified opinion (WTP) opinion, the best audit grade, for the 2018 central government financial report.

Jakarta – The Indonesian Malt Beverage Industry Association (GIMMI) has welcomed the government's decision to exempt the Batam free trade and port zone (KPBPB) in the Riau Islands from

Jakarta – The government targets a tax to gross domestic product (GDP) ratio of 11.8 to 12.4 percent in 2020, compared to this year's target of 12.2 percent.

Jakarta – Finance Minister Sri Mulyani Indrawati has said Indonesia is to still face a tough external economic challenge in 2020 because of an adverse geopolitical situation that was p

Jakarta – Referring to slow growth in tax revenue collection in the first four months of 2019, the Center for Indonesia Taxation Analysis (CITA) projects the country will collect Rp 1.

Jakarta – The government has been urged to find ways to increase state revenue, which grew only 4.9 percent year-on-year (yoy) in the first quarter, much lower than the 12.6 percent gr

Jakarta – The Directorate General of Taxation reports that only 768,000, 52.24 percent, of all companies and other institutions submitted tax returns (SPT) for 2018 by Thursday's deadl

Jakarta – Slow tax revenue growth of 1.8 percent in the first quarter of this year, a major decline from the 9.9 percent growth posted in the same period in 2018, could result in an in

Marchio Irfan Gorbiano, Bogor, West Java – President Joko "Jokowi" Widodo has instructed his Cabinet ministers to increase capital expenditure and to cut spending on goods procurement

Jakarta – The Taxation Directorate General has seen tax revenues increase in the first half of 2019, triggered by the legislative and presidential elections on April 17.

Marchio Irfan Gorbiano, Jakarta – Representatives from online marketplaces and online retailers have welcomed the government's decision to revoke a regulation on e-commerce taxes that

Jakarta – Finance Minister Sri Mulyani has stressed that the cancellation of the e-commerce tax regulation would not apply to those sold products through online marketplaces and social

Jakarta – The Directorate General of Taxation has announced that 10.93 million taxpayers, or 70.15 percent of its target of 15.58 million taxpayers, had filed their annual tax returns

Jakarta – The government is yet to issue a technical regulation on e-commerce taxation with only several days left before the new policy is scheduled to take effect on April. 1.

Marchio Irfan Gorbiano, Jakarta – The Finance Ministry has revoked a regulation on tax treatment for e-commerce transactions amid pushback from digital economy players.

Jakarta – Representatives of two business associations have called on the government to lower the rate of corporate income tax so they can manufacture products that can compete in the