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Only half of institutions, companies report annual tax returns

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 deadline.

That was lower than last year's figure, which was 58.8 percent.

Tax office spokesman Hestu Yoga Saksama said recently that 558,000 of all taxpayers who submitted SPT, about 70 percent of the total, used electronic filing (e-filing), while the remaining went to tax offices in person.

He said the tax office would follow up on institutions and companies that had not submitted SPTs the same way tax officers treated individuals who had not submitted SPTs by deadline.

"We will follow up based on the data of their incomes and the wealth they own, as well as other data that should be reported through SPT," Hestu said as reported by kontan.co.id, adding that taxpayers who submit SPT late were required to pay fines. (bbn)

Source: https://www.thejakartapost.com/news/2019/05/08/only-half-of-institutions-companies-report-annual-tax-returns.html