Directorate General of Taxation Spokesman Hestu Yoga Saksama said officials were pursuing those who have not declared their wealth either through asset statement letters or annual tax reports.

“The President has agreed that the tax amnesty was a one time amnesty. The tax office is intensively enforcing the law. This is fair for those who participated in the tax amnesty,” said Hestu in Manado on Wednesday as reported by kompas.com.

He explained there were many taxpayers who had not declared their wealth, both from those who took part in the nine-month tax amnesty that ended in March and those who have not taken part.

Therefore, he said, Finance Minister Regulation (PMK) No. 165/2017, which was issued recently, gave an opportunity to taxpayers to immediately declare their hidden wealth without being required to pay fines.

Under Government Regulation (PP) No 36/2017, taxpayers who declare their assets are required to pay 25 percent in tax for organizations, 30 percent for individuals and 12.5 percent for institutional, individual and certain taxpayers like small and medium enterprises (SMEs).

Meanwhile, tax amnesty participants whose hidden assets are found by tax officers are required to pay additional fines of 200 percent from the taxes that they had to pay, and 2 percent times 24 months for those who did not take part in the amnesty. (bbn)

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