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Jakarta Post

Tax collection so far looking stronger than last year's

  • News Desk

    The Jakarta Post

Jakarta   /   Tue, September 5, 2017   /   03:09 pm
Tax collection so far looking stronger than last year's Directorate General of Taxation spokesman Hestu Yoga Saksama. (JP/Anton Hermansyah)

The Directorate General of Taxation has collected Rp 686 trillion (US$51.41 billion) in tax revenue by August, or 53.5 percent of the Rp 1.28 quadrillion full-year target stipulated in the revised 2017 state budget.

“Last year, we had only collected 46 percent of the targeted tax revenue by August. So it is 7.5 [percentage points] higher than last year’s collection,” Directorate General of Taxation spokesman Hestu Yoga Saksama said in Jakarta on Monday, as reported by kontan.co.id.

Income tax (PPh) excluding the oil and gas sector contributed Rp 3.78 trillion to the total collected so far, while the value added tax (PPN) and value added tax for luxury goods (PPNBM) contributed 267 trillion. The value added tax from the oil and gas sector contributed Rp 35 trillion and other kinds of taxes contributed Rp 4.3 trillion.

Read also: Extra effort needed in tax collection

Hestu underlined a significant decrease in land and building tax (PBB) revenue, which amounted to just Rp 1.2 trillion, compared to Rp 15 trillion in the corresponding period last year. “That is because the paying period was extended until September,” he added.

Hestu pointed to September as the moment of truth for gauging the success of tax collection this year because of a tax amnesty that had been in place until earlier this year. He expressed his hope that taxpayers would pay their taxes based on what they had reported during the tax amnesty period.

“Those of you who took part in the tax amnesty, please be committed, and those who did not take part in the program, they have the opportunity to revise their annual tax report,” he added. (bbn)