Declared Assets Reach Rp 1,300 Trillion

Jakarta, InfoPublik – Finance Ministry’s Directorate General of Taxation recorded that the total of declared assets on tax amnesty program reached Rp 1,300 trillion. 

Data from Directorate General of Taxation per  September 21, 2016 showed that domestic declared assets reached Rp 878 trillion and overseas declared assets reached Rp 350 trillion. Rp 71.3 trillion of which were repatriated.

Then, the total of compensation based on affidavits (SPH) received by Directorate General of Taxation reached Rp 31 trillion. Non-MSMEs individual taxpayers’ compensation reached Rp 27.4 trillion and non-MSMEs corporation taxpayers’ compensation reached Rp 2.60 trillion. 

Next, MSMEs individual taxpayers’ compensation reached Rp 1 trillion and MSMEs corporation taxpayers’ compensation reached Rp 35.5 billion. Meanwhile, the realization of compensations that has been deposited to the banks based on tax payment slips (SSP) reached Rp 36.3 trillion. 

The statistical data shows that there are 90,044 submitted affidavits while other data show that there are 112,230 affidavits.

Finance Ministry revised the Finance Ministrerial Regulation (PMK) on the imlementation of Tax Amnesty Law. One of the revisions is about the participation in the tax amnesty program. 

Finance Minister’s Expert Staff on Tax Compliace Suryo Utomo, in Jakarta, Wednesday (9/21), said that the revision of the PMK would allow the particpants of tax amnesty program to withdraw from their participations. 

“We would like to inform that if a participant cancels his participation by revoking his declaration. We explain the issue in the revised PMK. Every taxpayer has rights dealing with tax amnesty, if one has received a product form this program but he would like to revoke, it is allowed,” said Suryo. (Translator: Erik Limantara)