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Jakarta Post

Tax office to scrutinize rich Indonesians not taking part in tax amnesty

  • News Desk

    The Jakarta Post

Jakarta   /   Mon, March 27, 2017   /   02:49 pm
Tax office to scrutinize rich Indonesians not taking part in tax amnesty Taxpayers consult with tax office staff as they apply for the tax amnesty at the East Java Tax Office II in Sidoarjo, East Java. (Antara Photo/Umarul Faruq)

Some of the people included on a Forbes magazine list of the richest Indonesians have not yet registered for the tax amnesty a taxation official has said.

Spokesman of the Finance Ministry’s Directorate General of Taxation, Hestu Yoga Saksama, said his office would give serious attention to those rich Indonesians who haven’t taken part in the amnesty soon after the program ended later this month,

“A significant portion of big taxpayers have taken part in the tax amnesty, only a few haven’t. They will be given special attention,” Hestu said as reported by kompas.com on Monday.

(Read also: Indonesia in race against time to take advantage of tax amnesty)

The official said his office would cross check the data they had received from rich businesspeople who had taken part in the tax amnesty with other data that the office had to make sure that all the wealthy individuals had complied with taxation regulations.

Through the introduction of the nine-month tax amnesty program, the government hopes to repatriate billions of dollars that citizens have parked overseas. Penalty payments are also expected to help close the gap in state revenue amid a sluggish global economy.

As the tax amnesty deadline approaches, the Directorate General of Taxation is still routinely conducting publicity campaign events at its regional offices and it claims that there has been an uptrend in program participation, with an average of 4,000 taxpayers joining per day.

The number of tax amnesty participants had reached more than 700,000 as of last week.  (bbn)