Tax Amnesty Reaches Almost Rp 100 Trillion in Just 3 Months

Economics & Macro

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01/10/2016 11:13 WIB

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Realization of Tax Revenue Based on Received Tax Payment Receipts (SSP)

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Tax Amnesty Reaches Almost Rp 100 Trillion in Just 3 Months

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Realization of Tax Revenue Based on Received Tax Payment Receipts (SSP)

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The tax amnesty program successfully collected almost Rp 100 trillion in just three months. According to data from the Directorate General of Taxes, the realization of tax amnesty receipts based on received tax payment letters (SSP) during the July-September 2016 period reached Rp 97.2 trillion. This figure is equivalent to 58.9 percent of the government's target of Rp 165 trillion in the 2016 Revised State Budget (APBNP).

The first phase of the tax amnesty program has ended with taxpayer asset declarations reaching Rp 3,620 trillion and collected redemption money based on asset statements (SPH) totaling Rp 89 trillion. The tax amnesty program is scheduled to last nine months and will end in March 2017.

"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."