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Taxation & State Budget

Displaying 401 - 450 of 554 Documents

September 26, 2019

Jakarta Post - September 26, 2019

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.

September 25, 2019

Jakarta Post - September 25, 2019

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 Post - September 25, 2019

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

September 19, 2019

Jakarta Globe - September 19, 2019

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

September 16, 2019

Tempo - September 16, 2019

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

Tempo - September 16, 2019

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

September 6, 2019

Jakarta Globe - September 6, 2019

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

September 4, 2019

Jakarta Post - September 4, 2019

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.

August 31, 2019

Jakarta Post - August 31, 2019

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

August 21, 2019

Jakarta Globe - August 21, 2019

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

August 16, 2019

Reuters - August 16, 2019

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

August 2, 2019

Jakarta Post - August 2, 2019

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

July 24, 2019

Jakarta Post - July 24, 2019

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

July 22, 2019

Jakarta Post - July 22, 2019

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

July 18, 2019

Jakarta Post - July 18, 2019

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

July 17, 2019

Jakarta Post - July 17, 2019

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

July 9, 2019

Jakarta Post - July 9, 2019

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 Post - July 9, 2019

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

July 5, 2019

Jakarta Post - July 5, 2019

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

July 4, 2019

Jakarta Globe - July 4, 2019

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

July 1, 2019

KBR - July 1, 2019

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

June 25, 2019

Tempo - June 25, 2019

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

June 24, 2019

Jakarta Post - June 24, 2019

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

June 20, 2019

Jakarta Globe - June 20, 2019

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

May 28, 2019

Jakarta Post - May 28, 2019

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

May 21, 2019

Jakarta Post - May 21, 2019

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 Post - May 21, 2019

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.

May 20, 2019

Jakarta Post - May 20, 2019

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 Post - May 20, 2019

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.

May 14, 2019

Jakarta Post - May 14, 2019

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

May 8, 2019

Jakarta Post - May 8, 2019

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

April 29, 2019

Jakarta Post - April 29, 2019

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

April 23, 2019

Jakarta Post - April 23, 2019

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

April 11, 2019

Jakarta Post - April 11, 2019

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.

April 8, 2019

Jakarta Post - April 8, 2019

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

April 4, 2019

Jakarta Post - April 4, 2019

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

April 1, 2019

Jakarta Post - April 1, 2019

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

March 29, 2019

Jakarta Post - March 29, 2019

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.

Jakarta Post - March 29, 2019

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

March 26, 2019

Jakarta Post - March 26, 2019

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

March 14, 2019

Jakarta Post - March 14, 2019

Jakarta – Finance Minister Sri Mulyani Indrawati has heaped praise on 30 taxpayers – both individuals and corporations – whose total contribution to tax revenue amounted to Rp 418.73 t

March 4, 2019

Jakarta Post - March 4, 2019

Jakarta – The Investment Coordination Board (BKPM) has said that more investors applied for tax holidays after the government relaxed the procedures for obtaining the fiscal incentive.

February 27, 2019

Jakarta Post - February 27, 2019

Marchio Irfan Gorbiano, Jakarta – Exporters are hoping the current tax waivers will be continued, with half of respondents surveyed by the University Network for Indonesia Export Devel

February 26, 2019

Jakarta Post - February 26, 2019

Riska Rahman, Jakarta – The simpler process of claiming tax refunds has caused an increase in claims over the past few months and cut into the tax revenue, the tax office has said.

February 21, 2019

Jakarta Post - February 21, 2019

Jakarta – After joining 120 countries in the Automatic Exchange of Information in 2018, the tax office has obtained information about the wealth of Indonesian nationals that is deposit

February 18, 2019

Jakarta Post - February 18, 2019

Jakarta – The Taxation Directorate General saw a significant increase in tax disputes in 2018 following a government tax amnesty held from July 2016 to March 2017.

January 31, 2019

Straits Times - January 31, 2019

Jakarta (Reuters) – Indonesian President Joko Widodo has renewed a pledge to cut corporate tax rates in South-east Asia's biggest economy if he is re-elected in April, an economic advi

January 30, 2019

Jakarta Post - January 30, 2019

Jakarta – In an apparent case of identity theft, a family in Tamansari, West Jakarta, have just learned they are recorded as the owners of several luxury cars and that substantial taxe

January 3, 2019

Jakarta Post - January 3, 2019

Marchio Irfan Gorbiano, Jakarta – The government reported on Wednesday that state revenue collected last year had surpassed the target as outlined in the 2018 state budget, a feat that

November 15, 2018

Bloomberg - November 15, 2018

Karlis Salna, Jakarta – Indonesian presidential candidate Prabowo Subianto will slash corporate and personal income taxes if he comes to power, part of a plan to compete with low-tax ne