Which Country is the Source of the Largest Repatriated Funds?

25/04/2017 13:57 WIB

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Top 5 Source Countries of Repatriated Funds in the Tax Amnesty Program

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Which Country is the Source of the Largest Repatriated Funds?

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Top 5 Source Countries of Repatriated Funds in the Tax Amnesty Program

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Singapore is the origin country of the highest amount of repatriated funds under the Indonesian tax amnesty program. Data from the Directorate General of Taxes, Ministry of Finance, records that repatriated funds from Singapore reached Rp 83.25 trillion. This figure is the highest compared to the amount of repatriated funds from other countries.

Indonesia's tax amnesty program, which ran from July 2016 to March 2017, saw a total of Rp 4.88 quadrillion in declared assets. This amount comprises Rp 3.7 quadrillion from domestic taxpayers, Rp 1.04 quadrillion from taxpayers abroad, and Rp 146.69 trillion in repatriated funds.

"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."