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View all search resultstax-administration-system
Economy 2 years ago
Indonesian Finance Ministry plans to implement new core tax system in 2024
Taxes play a vital role in the Indonesian national budget (APBN), contributing significantly to state revenues and supporting the development and welfare of the Indonesian population. In 2024, it is projected that tax revenue will reach approximately Rp 2309.9 trillion, representing an increase from the 2023 APBN target of Rp 2021.2 trillion.
Opinion 6 years ago
PREMIUM
Breaking curse of Indonesia's tax revenue shortfall
Another year, another attempt, another failure in collecting tax. Despite numerous tweaks and improvements over the last two decades, Indonesia’s tax administration has failed to generate a sustainable and meaningful increase in tax revenue over and above the pre-2000 levels.
Editorial 6 years ago
Only in trust do we pay
The low level of public trust in the transparency and accountability of the government’s taxation system, as revealed by Tempo Media Group and CITA tax consulting company through a recent survey, only confirms the vital importance of good governance in enhancing voluntary tax compliance (VTC) or tax culture.
Editorial 7 years ago
Lowering corporate taxes
Too much politics, especially in an election year as we are in right now, could distort economic policies. This is the risk we see in incumbent President Joko “Jokowi” Widodo’s obsession with his policy recommendation for a lower corporate income tax, which he has been promoting apparently in a bid to gain votes from businesspeople.
Opinion 7 years ago
PREMIUM
Moving to tax reform with artificial intelligence
Stephen Hawking once said that “intelligence is the ability to adapt to change”. Today, we’re facing a new era of disruption in digital technology. The internet, as the most remarkable milestone of the Third Industrial Revolution, has driven efficiency in our tax administration system.
Politics 7 years ago
Prabowo plans Singapore-like taxes for Indonesia
Indonesian presidential candidate Prabowo Subianto will slash corporate and personal income taxes if he comes to power, part of a plan to compete with low-tax neighbors like Singapore in luring more investment to Southeast Asia’s biggest economy.
Business 8 years ago
Govt to maintain investment climate, tax reform in setting 2019 tax target
Finance Minister Sri Mulyani Indrawati has said the government will consider several scenarios in determining its 2019 tax revenue target while adhering to its commitment to maintaining a conducive investment climate and pushing for tax reform.
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