Minister Rini Preparing SOEs to Absorb Tax Amnesty Proceeds
11 July 2016 16:32 WIB
TEMPO.CO, Jakarta-State-owned Enterprises Minister Rini Soemarno is preparing state firms to use funds pooled in using the tax amnesty law. It includes making the necessary preparations to have the proceeds absorbed by bonds, direct investments, and partnerships
"SOEs are also looking at the potentials for how these proceeds can be utilized," she said on Monday, July 11, 2016.
Rini hopes that her ministry can help implement the tax amnesty program in the second half of this year.
The House of Representatives (DPR) passed the tax amnesty bill into a law on June 28. The program has a none-month period starting on July 1. It will end in March next year.
The tax amnesty proceeds are estimated to exceed the number initially declared by taxpayers. The tax pardon program is also expected to repatriate Indonesians' funds invested overseas.
GHOIDA RAHMAH