IDR 3.12T Collected from Tax Amnesty Redemption

Jakarta, InfoPublik – Ministry of Finance’s Directorate General of Taxation reported that tax amnesty’s redemption fees secured by the government since the enactment of Tax Amnesty Act these two months stood at Rp 3.12 trillion.

Based on data from the DGT received in Jakarta, Thursday (9/1) at 09.00 am, most were obtained from non-SMEs individuals, at Rp 2.49 trillion, followed by non-SME entities at Rp 438 billion.

Next on the list are individual  SMES Entity with a value of Rp 185 billion and SMEs entities with a value of Rp 8.16 billion.

Meanwhile, the number of assets declared until the end of August 2016 stood at Rp 149.2 trillion. From that amount, the largest composition is still dominated by the declaration within the country with a value of Rp 118 trillion.

Whereas declaration of abroad  assets is amounted to Rp 21.2 trillion and fund repatriation from abroad is recorded at Rp 10 trillion.

Thus, until the end of August 2016, redemption fund received by the state is 1.9 percent of the target of Rp 165 trillion in 2016. (Translator: Wilda Stiana)