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Mounting SPT submissions expected amid approaching deadline
With less than a week left before the submission deadline, the Finance Ministry’s Directorate General of Taxation has received 6.2 million annual tax return forms (SPTs), a relatively small number compared to the 20 million individual and institutional taxpayers who are subject to the annual SPT filing.
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Tax authority spokesperson Hestu Yoga Saksama speaks to journalists. (tribunnews.com/Seno)
With less than a week left before the submission deadline, the Finance Ministry’s Directorate General of Taxation has received 6.2 million annual tax return forms (SPTs), a relatively small number compared to the 20 million individual and institutional taxpayers who are subject to the annual SPT filing.
Tax authority spokesperson Hestu Yoga Saksama said the figure was from last week, also just days before the submission deadline and the end of the government’s tax amnesty program on March 31.
As for institutional taxpayers, the tax authority requires them to submit their SPTs before April 30.
Indonesia implements a self-assessment taxation regime, whereby the government relies on the information provided by taxpayers on their returns.
“Some 5 million out of the total 6.2 million SPTs have been [submitted] via e-filing [electronic filing],” Yoga said as quoted by Kompas.com on Sunday.
(Read also: Indonesia scrambles in tax amnesty final countdown)
Poor compliance among Indonesian taxpayers has been a core problem for many years.
Out of 32.9 million taxpayers in Indonesia, more than 29 million of them are subject to the annual SPT filing. However, only 12.6 million actually file their SPTs, data from the tax authority shows.
Center for Indonesia Taxation Analysis (CITA) executive director Yustinus Prastowo said the tax office should anticipate a deluge of SPT submissions that could trigger a failure in its IT system due to over-capacity in the final days of March, as seen in previous years.
“This is because SPT submissions this year run parallel with the tax amnesty program,” he said. (hwa)
