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After Singapore, the Government Targets Indonesian Citizen Data in Singapore and China

20/06/2017 11:57 WIB

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After Singapore, the Government Targets Indonesian Citizen Data in Singapore and China.

Declaration of Assets by Indonesian Citizens Abroad under the 2016-2017 Tax Amnesty Program

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After Singapore, the Government Targets Indonesian Citizen Data in Singapore and China

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Declaration of Assets by Indonesian Citizens Abroad under the 2016-2017 Tax Amnesty Program

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Following the signing of a bilateral agreement with Hong Kong concerning the bank account data of Indonesian citizens (WNI) in that country, the Indonesian Government is now targeting Singapore and China. These three countries are among the top five in terms of foreign asset declarations during the tax amnesty program which ran from July 2016 to March 2017.

The largest declaration of Indonesian assets held overseas during the tax amnesty program came from Singapore, reaching Rp 741.59 trillion, or approximately 71.6 percent of the total foreign asset declarations valued at Rp 1.036 trillion. Hong Kong ranked third with Rp 56.93 trillion (5.5 percent), and China was fifth with Rp 41.2 trillion (4 percent).

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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After Singapore, the Government Targets Indonesian Citizen Data in Singapore and China

After Singapore, the Government Targets Indonesian Citizen Data in Singapore and China

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Related Data

Details of Indonesian Income Tax and VAT Payments as of November 2025

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Regional Revenue of Aceh, North Sumatra, West Sumatra for the Period 2015-2024

Directorate General of Taxes Secures Additional IDR 1.75 Trillion in Tax from the Task Force for Handling Collection Rights

Indonesia's Net Tax Fell 3.85% as of October 2025, Here's the Monthly Trend

Indonesia's Net Tax Decreased 4.39% YoY in September 2025

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After Singapore, the Government Targets Indonesian Citizen Data in Singapore and China

After Singapore, the Government Targets Indonesian Citizen Data in Singapore and China

Tags

Related Data

Details of Indonesian Income Tax and VAT Payments as of November 2025

Indonesia's Net Tax Reached IDR 1,634 Trillion as of November 2025

Regional Revenue of Aceh, North Sumatra, West Sumatra for the Period 2015-2024

Directorate General of Taxes Secures Additional IDR 1.75 Trillion in Tax from the Task Force for Handling Collection Rights

Indonesia's Net Tax Fell 3.85% as of October 2025, Here's the Monthly Trend

Indonesia's Net Tax Decreased 4.39% YoY in September 2025

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