Where Did the Largest Tax Amnesty Funds Come From?

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30/03/2017 13:22 WIB

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Top 4 Source Countries of Tax Amnesty Funds 2016-March 29, 2017

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Top 4 Source Countries of Tax Amnesty Funds 2016-March 29, 2017

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The Directorate General of Taxes (DJP) recorded a total of Rp 145.95 trillion in repatriated funds as of March 29, 2017. Singapore was the largest source of repatriated funds, contributing Rp 84.52 trillion, or approximately 58 percent of the total. This was followed by the Cayman Islands, Hong Kong, and the British Virgin Islands.

Singapore also ranked first in terms of the largest declared overseas assets reported under the tax amnesty program. Indonesian citizens reported assets held in Singapore totaling Rp 751.19 trillion. This amount represents approximately 73 percent of the total assets held overseas by Indonesian citizens that were declared.

"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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Where Did the Largest Tax Amnesty Funds Come From?

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Where Did the Largest Tax Amnesty Funds Come From?

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Indonesia's Manufacturing Industry Competitiveness Ranks 5th in ASEAN

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