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Jakarta Post

EDITORIAL: For stronger tax authority

  • EDITORIAL

    The Jakarta Post

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Jakarta   /   Thu, April 13, 2017   /  08:31 am
EDITORIAL: For stronger tax authority The draft government regulation in lieu of law will annul secrecy rules from laws on banks, and other financial services and capital markets, and give stronger authority to tax officials to access data on taxpayers from other government institutions. (Shutterstock/File)

The draft government regulation in lieu of law that will annul secrecy rules from laws on banks, and other financial services and capital markets, and give stronger authority to tax officials to access data on taxpayers from other government institutions has been submitted to President Joko “Jokowi” Widodo. We understand and even support the idea that the Directorate General of Taxation (DGT) should first be empowered to upgrade its capabilities and competence, and be given access to data and information from financial service companies and other government institutions. Tax officials need such a mandate to be able to strengthen its law enforcement, especially after last month’s expiry of the tax amnesty. Instead of making amendments to the banking law, which will take a long time, the regulation in lieu of law will immediately enable tax officials to open the fin...