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
Taxation & State Budget
Displaying 451 - 500 of 578 Documents
May 21, 2019
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 – 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 – 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 – 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 – 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
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 – 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
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 – 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 – 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 – 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.
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 – 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 – 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
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
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 – 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 – 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
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 – 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
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
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
November 9, 2018
Jakarta – Tax revenue collected from January to October amounts to 1.02 quadrillion (US$69.21 billion), which is 71.32 percent of the full-year target.
October 31, 2018
Jakarta – The House of Representatives passed on Wednesday the 2019 state budget bill into law in a plenary session led by House Deputy Speaker Agus Hermanto, after minor interruptions
September 21, 2018
Jakarta – The government is revising a regulation on tax holidays to increase the number of beneficiaries that are eligible for the fiscal incentives.
September 13, 2018
Jakarta – The higher import tax on consumer goods is effective as of Sept. 13 as part of the government's efforts to slow imports and improve its current account.
August 30, 2018
Jakarta – The Taxation Directorate General will spy on people's activities through social media in trying to boost tax revenue, an official has said.
August 29, 2018
Jakarta – The city administration has eliminated 10 programs in the revised 2018 budget through the general regional budget amendment policy (KUPA) and temporary regional budget priorit
July 3, 2018
Jakarta – The government is expecting the prices of the main contributors to non-tax revenue – oil and coal – to increase next year.
June 28, 2018
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
May 17, 2018
Marchio Irfan Gorbiano, Jakarta – Indonesia booked double-digit tax revenue growth in April boosted by growth in import taxes as well as corporation tax.
May 9, 2018
Jakarta – The Constitutional Court rejected on Wednesday a petition against Law No. 9/2017 on access to financial information for taxation purposes.
April 3, 2018
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.
March 9, 2018
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
February 21, 2018
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
January 9, 2018
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.
January 3, 2018
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
January 2, 2018
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
November 28, 2017
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
November 17, 2017
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
November 15, 2017
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
October 26, 2017
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
October 18, 2017
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
October 6, 2017
Anton Hermansyah, Jakarta – Many taxpayers have used the beneficial ownership system, which involves controlling companies without being listed as shareholders, to avoid taxes.
September 8, 2017
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
September 7, 2017
Rachmadea Aisyah, Jakarta – The Finance Ministry is planning to evaluate several tax incentives because of investors' low interest in tax incentive programs.
August 29, 2017
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