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Taxation & State Budget

Displaying 451 - 500 of 578 Documents

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

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

November 9, 2018

Jakarta Post - 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 Post - 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 Post - 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 Post - 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 Post - 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 Post - 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 Post - 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 Post - 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

Jakarta Post - 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 Post - 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

Kumparan Bisnis - 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 Post - 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 Post - March 9, 2018

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

Jakarta Post - 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 Post - 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 Post - 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

Jakarta Post - 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 Post - 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 Post - 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 Post - 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 Post - 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

Macauhub - 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

Jakarta Post - 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

Jakarta Post - 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

Jakarta Post - 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 Post - 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