Jakarta – Director General of Taxation Robert Pakpahan says fiscal incentives granted to businesses to attract investment will adversely affect his office's tax collection efforts this

Marchio Irfan Gorbiano, Jakarta – Indonesia booked double-digit tax revenue growth in April boosted by growth in import taxes as well as corporation tax.

Jakarta – The Constitutional Court rejected on Wednesday a petition against Law No. 9/2017 on access to financial information for taxation purposes.

Political observer Faisal Basri has criticised the use of state foreign debt which according to the government narrative is being used to spur infrastructure development.

Jakarta – The government is making a stringent effort to simplify the process for investors to obtain tax allowances and tax holidays, assuring that an upcoming regulation would be simp

Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) has lauded President Joko "Jokowi" Widodo's move to reduce the annual income tax rate for small and medium enterprises

Marchio Irfan Gorbiano, Jakarta – Finance Minister Sri Mulyani Indrawati criticized on Wednesday the rampant revisions of budget execution lists (DIPA) by working units of ministries, r

Jakarta – This year, the government is set to increase tax revenue by 10.94 percent of Rp 1.42 quadrillion (US$99.39 billion) as stipulated in the 2017 state budget.

Jakarta – Finance Minister Sri Mulyani Indrawati has announced that Rp 1.34 quadrillion (US$93.79 quadrillion) in taxes had been collected by the yearend, or 91 percent of the Rp 1.45 q

Anton Hermansyah, Jakarta – Finance Minister Sri Mulyani Indrawati has announced that the government will replace the infamous gijzeling policy – taking taxpayers hostage until they had

Jakarta – The Industry Ministry will provide the manufacturing industry – a main contributor to gross domestic product (GDP) – with three tax incentives to try to boost the country's economy, which

Jakarta – Finance Minister Sri Mulyani Indrawati has issued a revised regulation to give another change for taxpayers who did not avail of the tax amnesty or have not listed assets in their annual

Jakarta – The government has collected Rp 991.2 trillion (US$73.20 billion) in taxes and excise duties from January to October, or 67.3 percent of the Rp 1.47 quadrillion targeted in the 2017 revis

Jakarta – The Defense Ministry will get a Rp 107.7 trillion allocation, the largest figure among the allocations for the Cabinet Ministries as stated in the 2018 state budget approved by the House

The government of Timor-Leste (East Timor) intends to double non-oil tax revenues to US$400 million a year with the introduction of Value Added Tax (VAT) and increases in the taxes on tobacco and a

Anton Hermansyah, Jakarta – Many taxpayers have used the beneficial ownership system, which involves controlling companies without being listed as shareholders, to avoid taxes.

Prima Wirayani, Jakarta – Indonesia's state budget deficit stood at Rp 224.35 trillion (US$16.9 billion) or 1.65 percent of the gross domestic product (GDP) up to August, Finance Minister Sri Mulya

Rachmadea Aisyah, Jakarta – The Finance Ministry is planning to evaluate several tax incentives because of investors' low interest in tax incentive programs.

Prima Wirayani, Jakarta – Bank Indonesia (BI) projects the country's balance of payments (BoP) will reach a surplus of US$7 billion this year from $12 billion last year.

Jakarta – The Indonesian Automotive Manufacturers Association (Gaikindo) chairman Jongkie Sugiarto said on Tuesday that the association had long lobbied the Finance Ministry to reduce the luxury ta

Agnes Anya, Jakarta – In an attempt to net trillions of rupiah, the Jakarta Tax and Levy Board has called on associations and dealers of luxury cars to help them collect tax arrears from car owners

Jakarta – Finance Minister Sri Mulyani has said the government will continue to reduce its dependency on foreign debt, which is still needed to cover the deficit in the state budget because spendin

Prima Wirayani, Jakarta – The government has set a target to collect Rp 1.61 quadrillion (US$120.3 billion) in tax revenue next year, according to the proposed 2018 state budget read by President J

Jakarta – Finance Minister Sri Mulyadi Indrawati has admitted that the Directorate General of Taxation has not been able to optimally collect taxes from rich people because of regulation constraint

Jakarta – Some 1,700 luxury cars in Jakarta are not taxed, a city official has claimed.

Jakarta – Finance Minister Sri Mulyani Indrawati has told the public not to worry about the government debt and state budget deficit because they are in secured condition.

Jakarta – The Indonesian government plans to exclude sedan from the luxury goods category, effectively lowering the tax on the car model and helping carmakers set up local sedan manufacturing, Indu

Jakarta – Bank Indonesia (BI) reports that Indonesia's foreign debt reached US$333.60 billion, growing 5.50 percent year on year (yoy), in May, sparked by an increase in public-sector debt.

Jakarta – Finance Minister Sri Mulyani Indrawati has expressed concern over the country's low tax-to-gross domestic product (GDP) ratio.

Jakarta – The International Monetary Fund (IMF) has said that Indonesia and other Asian countries need to increase their tax-to-gross domestic product (GDP) ratio to 15 percent so they can accelera

Jakarta – The government has been advised to reduce its dependency on foreign debt in trying to cover the deficit in the state budget.

Jakarta – The government is to hunt down tax money from Indonesians who park their money in Singapore, following an offer from Singapore to allow Indonesia to access the financial data of Indonesia

Jakarta – Coordinating Economic Minister Darmin Nasution says the government will propose to revise down its tax revenue target for the 2017 state budget to Rp 1.45 quadrillion (US$108.35 billion)

Jakarta – Finance Minister Sri Mulyani has said there is no cause for concerning regarding government debt reaching Rp 3.67 quadrillion (US$274.23 billion) in April, Rp 201 trillion more than in De

Ayomi Amindoni, Jakarta – Taxation director general Ken Dwijugeasteadi has said he is not satisfied with the results of the first round of the tax amnesty program even though it has collected Rp 97

Prima Wirayani, Jakarta – It might have been a once-in-a-lifetime sight: hundreds, nearly a thousand, people flocking to the Taxation Directorate General's headquarters in South Jakarta to register

Anton Hermansyah, Jakarta – The Asian Development Bank has warned about the displacement effect of the tax amnesty program, arguing that the tax office's limited resources are primarily focused on

Prima Wirayani and Grace D.

Prima Wirayani, Jakarta – After a slow start, Indonesia has seen soaring redemption funds paid under the tax amnesty over recent days, a success the government attributes to taxpayers' increasing a

Indonesia plans to pursue Google's parent company Alphabet for five years of back taxes, meaning the search firm could face a bill of more than $400m for 2015 alone if it is found to have avoided p

Prima Wirayani, Jakarta – The government is turning to internet giant Google, which it claims owes unpaid taxes from its advertising revenue, as the latest data show that tax collection remains pit

Singapore/Jakarta – Private banks in Singapore are sharing with local police the names of clients embracing Indonesia's tax amnesty, banking sources revealed, a move that could undermine the amnest

Prima Wirayani, Jakarta – Repent and you shall be forgiven.

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