TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Indonesia introduces tax data integration system to boost transparency

News Desk (The Jakarta Post)
Jakarta
Thu, February 22, 2018 Published on Feb. 22, 2018 Published on 2018-02-22T13:15:16+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Indonesia introduces tax data integration system to boost transparency Accompanied by Director General of Taxation Robert Pakpahan (right) and state-owned energy company Pertamina president director Elia Massa Manik (left), Finance Minister Sri Mulyani Indrawati (second left) and State-owned Enterprises Minister Rini Soemarno push a button to launch a tax data integration system in Jakarta on Feb. 21. (tribunnews.com/File)

F

inance Ministry’s Directorate General of Taxation introduced on Wednesday a tax data integration system that aims to improve taxpayer data transparency, with state-owned energy company Pertamina becoming the first participant of the system.

Minister Sri Mulyani Indrawati said in Jakarta on Wednesday that with the system, all transactions would be quickly recorded and carried out more accurately.

“If it is carried out manually, the probability of making errors is also high,” said Sri Mulyani while inaugurating the system with State-owned Enterprises (SOE) Minister Rini Soemarno as reported by tribunnews.com.

By joining the system, Pertamina’s data, including purchases, sales and employees’ salaries could be monitored by the directorate general and the company could also automatically pay taxes and file reports.

Sri Mulyani added that the system was expected to reduce disputes between the tax office and taxpayers.

Meanwhile, Minister Rini said that while Pertamina was the first participant of the system, she would ask the other 30 SOEs to join the system, although Sri Mulyani only demanded that six other SOEs join.

Rini welcomed the introduction of the system because it would help SOEs conduct tax audits. “The system is also important for us because we can determine companies’ income and profit earlier and help them pay taxes more accurately and efficiently,” he added. (bbn)

 

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.