April 18 — Tax Day in the US— is quickly approaching. Tax day. The procrastinator’s worst nightmare. But while Americans may scramble to organize their paperwork, northern Europeans are playing it cool. That’s because in Nordic countries, doing your taxes can be… Read More ›
Tax Amnesty in English
Issuing Fictitious Invoice, Tax Office Penalizes IDR246 Bln
JAKARTA, – Investigators of Directorate General of Tax today, Thursday (1/26/2017) hands over money laundering suspect Amie Hamid, for tax crime along with confiscated assets to South Jakarta District Attorney for further trial at South Jakarta District Court. Based on… Read More ›
When the scrutiny gets tough, the rich get more sophisticated
Expect a more intense cat-and-mouse game over offshore wealth in 2017 HONG KONG/SINGAPORE There will be greater pressure for transparency on financial accounts — and more cross-border sharing between tax authorities — in 2017. So be ready for a new global… Read More ›
Jakarta’s tax office workers share tales from the trenches
Indonesia’s amnesty program brings long hours but also a bit of a thrill JAKARTA Tax supervisor Mekar Satria Utama can pinpoint the exact moment when deep-pocketed Indonesians began to change their attitude about taxes. “It was started by James Riady,” he… Read More ›
How India and Indonesia are chasing tax revenue
Hidden assets sought in pursuit of cash to fund infrastructure development Indonesia and India have embarked on big, bold and historic hunts for hidden assets. The moves come amid a global shift in attitude toward tax avoidance and offshore holdings… Read More ›
Realization of Tax Amnesty Impressive: Observer
A tax analyst described as extraordinary the realization of the tax amnesty program with redemption already exceeding 50 percent of the target. “This is a good performance and is unexpected . Until now almost Rp3,000 trillion of taxable assets have… Read More ›
Finance Ministry Confident of Higher Tax Revenue from Tax Amnesty
Jakarta – The Finance Ministry believes that tax amnesty program will have a positive effect on tax revenue. Fiscal Policy Body head for the Finance Ministry, Suahasil Nazara said the new tax base will improve in line with the implementation of tax… Read More ›
Jokowi Explains Tax Amnesty in G20 Summit
Metrotvnews.com, Hangzhou: President Joko Widodo explained his tax amnesty program in the second session of the G20 Summit in Hangzhou, China. “Tax amnesty as a part of global tax reform,” Finance Minister Sri Mulyani Indrawati said on the sidelines of… Read More ›
JK: Big entrepreneurs should avail of tax amnesty
Jakarta. Vice President Jusuf Kalla has asked big entrepreneurs to set a good example to other entrepreneurs by availing of the tax amnesty policy. Entrepreneurs with a large scale business must benefit from the tax amnesty program for which there is… Read More ›
Govt Expects to Collect Rp1.18tn Under Tax Amnesty Redemption
TEMPO.CO, Jakarta – The government is expected to receive Rp1.18 trillion in tax amnesty redemption funds until the end of August 2016, Finance Minister Sri Mulyani said. The minister said on Thursday that the amount of redemption money and Asset Declaration Letters (SPH)… Read More ›
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