TEMPO.CO, Jakarta – Directorate General of Tax at the Finance Ministry Tuesday, August 9, has reported on its official website that the tax amnesty retribution charge had reached Rp231.43 billion. The amount is part of the total declared asset of Rp10.9 trillion…. Read More ›
Tax Amnesty in English
BTN appointed tax amnesty gateway bank
State housing lender Bank Tabungan Negara (BTN) will join other state banks appointed to absorb repatriated funds in the tax amnesty following the Finance Ministry’s approval for the bank to be issued a license to manage investment accounts. The government… Read More ›
Government striving for real results in tax amnesty
Almost two months into the implementation of a much-heralded tax amnesty, the government is looking to yield real results, as outcomes remain below expectations. Walk the talk: Such was the clear and strong message conveyed on Wednesday by Finance Minister… Read More ›
Capital market hopes for success of tax amnesty program
Jakarta – The Indonesia Stock Exchange (BEI) is of the view that industry players in the capital market expect the tax amnesty program to succeed and have a positive impact on the countrys economic development. “The Indonesian capital market is… Read More ›
Indonesian tax amnesty pitch: Bring it back to a new home
JAKARTA: Indonesians who have stashed billions of dollars abroad over the years can now bring their hoard safely back home – literally, to a newly bought condo. That’s the pitch from PT Intiland Development Tbk and other Indonesian property developers… Read More ›
Indonesia to allow seekers of tax amnesty to purchase gold, property
For Indonesians seeking to bring back billions of dollars stashed overseas, the government just opened up more avenues to park their funds under a tax-amnesty plan. Individuals who sign up to the amnesty will be allowed to invest in assets, such… Read More ›
President to meet entrepreneurs in Bandung for talks on tax amnesty
President Joko Widodo is due to meet with entrepreneurs and taxpayers in Bandung, West Java, on Monday, to discuss the government’s tax amnesty programs. The visit to Bandung is a part of the President’s talks and meetings with prominent businesspersons… Read More ›
Indonesia’s tax amnesty could give corporate bond market a boost
JAKARTA – Indonesian firms are preparing to hit the debt markets with the repatriation of offshore wealth from the country’s new tax amnesty expected to boost investor demand for products such as corporate bonds, lowering companies’ borrowing costs. Companies including… Read More ›
Indonesia Consumer Demand Up
JAKARTA –Indonesian firms ranging from restaurant chains to snack makers are stepping up investment and launching new products as improving economic conditions and easier access to credit drive a spurt in consumer demand in the country of 250 million people…. Read More ›
With Tax Amnesty Out the Way, Indonesia Seeks to Lure Investors
After successfully pushing through a tax amnesty law to bring back funds parked overseas, Indonesia’s next key economic agenda item is improving the business climate and directing investment into the processing of commodities, the finance minister said. To attract investment… Read More ›
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