2012-2015, Google's Tax Only Rp 18.5 Billion

06/04/2017 11:28 WIB

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2012-2015, Google's Tax Only Rp 18.5 Billion

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Google Taxes 2012-2015

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In the tax document audited by Ernst & Young LLP, PT Google Indonesia's payable tax in 2015 amounted to Rp 5.2 billion. Consequently, the total tax payable by the subsidiary of the American search engine company from 2012 to 2015 only reached Rp 18.5 billion.

This payable tax figure, based on the audited tax document, differs significantly from the Directorate General of Taxes' estimate of approximately Rp 450 billion. This estimate is based on the assumption of Google Indonesia's profit margin of Rp 1.6-1.7 trillion per year from total revenue of approximately Rp 5 trillion.

As reported by Kontan (April 5th), Google Indonesia's revenue in 2015 was only Rp 187.5 billion, a slight increase of 1.68 percent compared to the previous year's Rp 184.4 billion. Meanwhile, its taxable income in 2015 decreased by 32 percent to Rp 20.88 billion.

"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."