Adrian Wail Akhlas, Jakarta – Indonesia's 2019 state budget deficit totaled 2.2 percent of gross domestic product (GDP), wider than the government's target of 1.8 percent due a revenue
Taxation & State Budget
January 7, 2020
December 24, 2019
Caesar Akbar, Jakarta – Customs Director-General at Finance Ministry Heru Pambudi announced that imported books are exempted from duty and tax including VAT or value-added tax and inco
Nasori, Jakarta – The Customs Office has tightened the rules for e-commerce imports on Monday as part of a concerted effort to protect local small businesses producing shoes, bags and
Dyaning Pangestika, Jakarta – Local K-pop fans have expressed their disappointment on social media after the government slapped import tariffs on more e-commerce goods.
December 19, 2019
Adi Ahdiat, Jakarta – The government has a responsibility to advance public healthcare, enlighten national life and create social justice.
December 18, 2019
Jakarta – The Indonesian government has delayed the handover of a sweeping tax Bill to Parliament until January, a month behind its earlier target, an official said on Wednesday (Dec 1
December 17, 2019
Heru Andriyanto, Surabaya – The East Java Police have seized fourteen luxury cars worth billions of rupiah for a lack of valid ownership documents and unpaid taxes in recent operations
December 11, 2019
Karlis Salna – Indonesia's cabinet is discussing amending a legally imposed cap on the budget deficit, which would allow the government to spend and borrow more to stimulate growth in
December 6, 2019
Jakarta – The Jakarta Tax and Levy Agency (BPRD) and the Jakarta Police are conducting joint raids on the homes of luxury car owners as part of the city administration's efforts to col
December 5, 2019
Marchio Irfan Gorbiano, Jakarta – The government will expand its tax incentive program to cover more business sectors as part of its efforts to attract investment.
December 4, 2019
M Rosseno Aji, Jakarta – Jakarta's Tax and Levy Agency (BPRD) in conjunction with the Metro Jaya Police commenced an operation to collect tax arrears owed by luxury car owners on Tuesd
November 29, 2019
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
November 26, 2019
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
November 22, 2019
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
November 20, 2019
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
November 19, 2019
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
November 18, 2019
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
November 16, 2019
Jakarta – The poor performance of the government in collecting tax revenues is inseparably linked to the weak economy.
November 1, 2019
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
October 15, 2019
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
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 – The House of Representative passed the 2020 state budget bill into law during a plenary meeting on Tuesday.
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