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Jakarta Post

Sampoerna wins tax compliance awards

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    The Jakarta Post

Jakarta, Indonesia   /   Mon, August 27, 2018   /   01:47 pm
Sampoerna wins tax compliance awards . (Courtesy of PT HM Sampoerna/.)

PT HM Sampoerna recently has become the proud recipient of a Tempo Country Contributor Award 2018 and a Most Tax-Friendly Corporate recognition. These two awards do not just represent a form of appreciation toward the company as one of the nation's biggest tax payers, but also, more importantly, as a way of paying tribute to the company's commitment in fulfilling all aspects and standards of tax compliance in Indonesia.

With its Rp 60.4 trillion in taxes and excise that it paid in 2017, Sampoerna has further strengthened its commitment to prioritizing good corporate governance in its operations and business activities. Not only that, Sampoerna believes that attaining work performance that is sustainable requires regulatory compliance in all aspects, including in taxes. This is Sampoerna's real contribution in playing a role in the nation's development.

Its accomplishment in compliance is not separate from the government's efforts to establish fair and balanced policies, including quality tax services. Sampoerna also appreciates the Tempo Country Contributor Award initiative, as it pushes companies to go further in their compliance towards national tax policies. The company has expressed hopes that improvements in taxes won't just be a company effort, but rather, one that goes alongside government efforts to continuously improve the quality of tax services. That is why Sampoerna supports the Finance Ministry's attempts to push for better socialization and for the implementation of compliance, fairness and efficiency in tax services in order to accommodate a more dynamic business world.

The company's contributions under the "Sampoerna for Indonesia" umbrella program

For Sampoerna, investing in the public's welfare has the same level of importance as investing in its business future. That is why the company is also committed to implementing its Corporate Social Responsibility programs that focus on Economic Opportunities, Women's Empowerment, Disaster Preparedness and Mitigation, Educational Access and other social activities. Throughout 2017, the contributions of Sampoerna and its parent company for its Corporate Social Responsibility programs in Indonesia valued in at Rp 87 billion.

Together with the tens of thousands of business partners gathered under its Sampoerna Retail Community (SRC) program, the company has provided tremendous opportunities for economic development and entrepreneurial growth in ways that are in line with the government's nine-point Nawa Cita vision. SRC members were given guidance and training not only in entrepreneurship, but also in marketing strategies, human resource development and corporate social responsibility programs. As a result, SRC throughout Indonesia has managed to grow to become a champion of people's development that can withstand generational changes.

For tobacco farmers in Indonesia, Sampoerna has offered its Integrated Production System (IPS) that can serve as a solution to one of the problems of tobacco in Indonesia, namely, the lack of maximized local tobacco absorption. This IPS program was implemented through a partnership contract between tobacco supplier companies and tobacco farmers. This program currently has reached out to more than 27,500 farmers responsible for more than 27,000 hectares of land.

Once again, Sampoerna appreciates the joint work of stakeholders including regulators who have always been at the forefront of Indonesia's progress.

.. (Courtesy of PT HM Sampoerna/.)