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Jakarta Post
The Jakarta Post
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RI loses trillions in taxes from systemic corruption

  • Rabby Pramudatama

    The Jakarta Post

Jakarta | Wed, March 14 2012 | 09:19 am

PREMIUM A survey found that Indonesia could lose half of its tax revenues from the rampant corruption plaguing the tax-collecting agency.

Jakarta-based think tank Perkumpulan Prakarsa said that for 2012, the potential losses in tax revenue could reach Rp 521 trillion (US$55.9 billion) or almost 50 percent of the total.

The government expects Rp 1,033 trillion in tax revenues this year.