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

Tax amnesty surpasses expectations in first round

Liza Yosephine (The Jakarta Post)
Jakarta
Fri, September 30, 2016 Published on Sep. 30, 2016 Published on 2016-09-30T20:03:11+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!
Tax amnesty surpasses expectations in first round Tax officers serve those applying for the tax amnesty program at tax office in Medan, North Sumatra, on Sep. 29. (Antara/Septianda Perdana)

T

he tax amnesty program has surpassed the government's expectations with the final day of the first period marked by overwhelming numbers of taxpayers participating, Cabinet Secretary Pramono Anung said on Friday.

Pramono said the government had collected over Rp 100 trillion (US$7.7 billion) in redemption fees and more than Rp 3,500 trillion in assets had been declared, adding  the figures reflected the growing trend based on data from Friday morning.

"To be honest, this has surpassed any expectations or hopes, because this is still only the first period, there's still the second and third period [to look forward to]," Pramono told reporters at the Presidential Office on Friday.

(Read also: Labor not subject to tax amnesty, govt says)

The system was overwhelmed on the final day of the first three-month period, which officially ended on Sep. 30, he added, saying no official numbers were yet available.

He claimed the success of the program was due to the dedication of President Joko "Jokowi" Widodo, the team at the Finance Ministry and the officials at tax offices, who had all successfully built public trust in the matter.

"If we see these numbers, then we are number one anywhere in the world, whether in repatriation, declaration or percentage of GDP," Pramono said, adding that the government would continue to monitor Friday's developments.

He expressed the hope that the subsequent periods would see improvements as a result of lessons learned from the first round. (dan)

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.