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Jakarta Post

Expert advises govt to extend tax amnesty deadline

Anton Hermansyah (The Jakarta Post)
Jakarta
Fri, September 2, 2016

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Expert advises govt to extend tax amnesty deadline A tax officer serves a taxpayer at Blitar Tax Office in East Java on Aug. 10. (Antara Photo/Irfan Anshori)

T

ax expert from the Center for Taxation Analysis, Yustinus Prastowo, suggests the government to extend the first period of the tax amnesty program by at least three months.

Yustinus said the public had been left in the dark until the end of August when the government finalized the ruling, or only one month away from the September deadline.

"Taxpayers only have a one month window to apply for the lowest redemption rate," he told The Jakarta Post on Wednesday.

He advised that the extension should only be applied for the first three-months of declaration.

"Taypayers will get a tax receipt upon their prior tax declarations. They can follow up with filing and documentation later on but they still will get the first period's penalty rates," he said.

Data from the Directorate General of Taxation on Tuesday showed that the government was still far below its targets regarding the amnesty’s penalty payments, declared assets and repatriated funds.

Penalties had only reached 1.6 percent of the target, while the declared assets and repatriated funds amounted to only 3.2 percent and 1 percent of their goals, respectively. (dmr)

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