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Property tycoon Ciputra joins tax amnesty program
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Property tycoon Ciputra poses for a picture after registering for the tax amnesty program at the offices of the Directorate General of Taxation on Sept. 28. (JP/Anton Hermansyah)
Property mogul Ciputra registered for the tax amnesty program in the offices of the Directorate General of Taxation on Wednesday.
Ciputra, along with his son Candra Ciputra and son-in-law Harun Hajadi, went to the tax office only to confirm his participation. He had already filed the documents, submissions and fee payment on Tuesday.
"This is a really good program from the government to stimulate the economy. You can see the rupiah is strengthening and stock prices are going up," he told The Jakarta Post on Wednesday.
The exchange rate between the rupiah and the US dollar moved to Rp 12,000 per dollar in the past two days and it closed at Rp 12,926 per dollar on Wednesday, according to Bank Indonesia. The tycoon also said he thinks the property market will be rejuvenated by the tax amnesty program.
"People can buy property without worry after following this program, but it will take time because some of their money has already been spent to pay the fees," he said. (evi)
