Govt to impose travel bans on 700 tax defaulters

The Jakarta Post | Thu, 09/04/2008 11:11 PM | Headlines

The Directorate General of Taxation has listed 700 individuals to be banned from traveling abroad for failing to pay taxes within a period that spans from January 2005 until September this year.

The tax agency reported on Thursday that as many as 153 tax payers defaulted in 2005, 353 in 2006, 151 in 2007 and 43 this year as of the end of September.

Director General Darmin Nasution said the travel bans would be imposed to support ongoing investigation against the tax defaulters. He mentioned the travel bans against the executives of palm oil producer PT Asian Agri Group as one of them.

Asian Agri has allegedly embezzled tax money by transferring prices and hedging and marking up expenditures.

“The travel bans can also be imposed on foreign workers at the executive level of a company … The travel ban can revoked if the company pays its taxes,” Darmin said as quoted by Tempointeraktif.com.

Last month, the government banned 14 executives from six coal companies from traveling overseas over allegations their companies had evaded royalty payments between 2001 and 2007 amounting to Rp 7 trillion (US$769 million).(and)

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