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Jakarta Post

Tax revenue in January, February higher than target: Official

  • News Desk

    The Jakarta Post

Jakarta   /   Tue, March 14, 2017   /  06:42 pm
Tax revenue in January, February higher than target: Official Taxpayers consult with tax office staff as they apply for the tax amnesty at East Java Tax Office. (Antara Photo/Umarul Faruq)

Tax collection has reached Rp 134.6 trillion in January and February, 10.29 percent of the 2017 target, says Finance Ministry’s taxation directorate general.

Taxation directorate general's tax compliance director Yon Arsal said on Tuesday that the figure was higher than 8.15 percent of the January and February target collection or Rp 124.4 trillion.

“It is a good signal,” Yon said on Tuesday, as reported by tribunnews.com, adding that last year, his office could collect 9.18 percent from the annual target.

(Read also: Government to reform tax to fight widening inequality)

This year, the government expects to collect a total of Rp 1,498.8 trillion of tax revenue.

Previously, Faisal Basri, a University of Indonesia economist, said the government’s target was too ambitious. He said that in 2016, the government set a target of Rp 1.529 trillion, which was 24.11 percent higher than the tax revenue in 2015.  

He said in 2016, the government could only collect Rp 1,284 tax revenue, including Rp 103.3 trillion from tax amnesty.

With the slow global economy, it is unlikely that the 2017 target could be achieved, Faisal added. (bbn)

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