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tax-amnesty

Explainer: Key points from impending new tax law
Business 4 years ago

PREMIUM
Explainer: Key points from impending new tax law

A new tax law expected to be passed within days will revise provisions on individual as well as corporate income tax and value-added tax while also introducing a second tax amnesty, a carbon tax and the usage of ID numbers as taxpayer identification numbers.
Second tax amnesty: How is it different from the first?
Business 4 years ago

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Second tax amnesty: How is it different from the first?

The government wants to increase state revenue with a second tax amnesty program just a few years after the first, but critics fear the move will encourage tax evasion.
Opposing new tax amnesty
Editorial 4 years ago

Opposing new tax amnesty

Once again pardoning tax evaders, including those who have committed corruption, illegal miners and loggers and drug syndicates, seems to be a blank check for money laundering. 
Indonesia might offer a second tax amnesty. But how successful was the first?
Business 4 years ago

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Indonesia might offer a second tax amnesty. But how successful was the first?

The government is seeking to offer a second tax amnesty to fix the budget deficit, but critics argue such a move would encourage tax evasion.
The moral hazard and injustice of another tax amnesty
Opinion 4 years ago

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The moral hazard and injustice of another tax amnesty

The trillion rupiah question, then, is whether the second half of this year, or only four years after the previous tax amnesty program, is a good time for the government to grant such a generous tax pardon.
Bank Mandiri offers various investment options to keep repatriated funds
Business 6 years ago

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Bank Mandiri offers various investment options to keep repatriated funds

About Rp 8.5 trillion of the funds repatriated to Indonesia following the government’s nine-month tax amnesty in 2016-2017 were kept in Bank Mandiri
Finance Minister opens for second roll out of tax amnesty program
Business 6 years ago

Finance Minister opens for second roll out of tax amnesty program

A second chance to come clean? Finance minister appears open for a new tax amnesty but also cautions about letting delinquent taxpayers off the hook.
Manufacturers running vocational schools eligible for 'superdeduction tax'
Business 6 years ago

Manufacturers running vocational schools eligible for 'superdeduction tax'

The superdeduction tax is a fiscal incentive involving a 200 percent tax allowance proposed by the ministry for such companies.
Tax office reminds amnesty taxpayers to report repatriated wealth
Business 6 years ago

Tax office reminds amnesty taxpayers to report repatriated wealth

The repatriated wealth report is required each of three successive years following the tax amnesty.
Number of disputes increases after tax amnesty
Business 7 years ago

Number of disputes increases after tax amnesty

The Taxation Directorate General saw a significant increase in tax disputes in 2018 following a government tax amnesty held from July 2016 to March 2017.
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