Declaration of Assets of Indonesia's Richest Person from Singapore

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26/08/2016 14:29 WIB

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Declaration of Foreign Assets by Country of Origin (August 22, 2016)

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Declaration of Foreign Assets by Country of Origin (August 22, 2016)

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Declarations of overseas assets owned by Indonesian citizens originate mostly from Singapore. According to statistics from the Directorate General of Taxes (DJP), declarations of assets from Singapore as of August 22, 2016, reached Rp 5.9 trillion, or 82 percent of the total Rp 7.1 trillion in declared overseas assets.

Unfortunately, not all of these assets were repatriated to participate in the tax amnesty program. DJP records show only Rp 1.1 trillion in funds were repatriated. The remaining funds were merely declared by their owners.

"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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Declaration of Assets of Indonesia's Richest Person from Singapore

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