Indonesia's Tax Receipt reaches Rp548.1 Trillion  

Translator

Editor

Rabu, 13 Agustus 2014 09:32 WIB

Sejumlah Menteri Kabinet Indonesia Bersatu Jilid II menyerahkan Surat Pemberitahuan Tahunan Pajak (SPT) di Kementerian Keuangan, Jakarta, (21/3). Pemerintah menargetkan penerimaan perpajakan sebesar Rp. 1.193 triliun di tahun 2013. Tempo/Aditia Noviansyah

TEMPO.CO, Jakarta - The country's tax receipt until August 8, 2014 has reached Rp548.1 trillion or 51.11 percent of the target set at Rp1,072.4 trillion, which was set in the revised 2014 state budget, the Directorate General of Tax Affairs said.


In a press release, the directorate general said the tax receipt in the first half of this year was bigger than the tax revenue in the same period a year earlier which stood at Rp499.8 trillion or 50.22 percent of the target set in the state budget.


It said that of the Rp548.1 trillion, Rp275.5 is non oil and non gas income tax, which is 56.7 percent of the target at Rp485.97 trillion and Rp223.9 trillion are sale and luxury good taxes or 47.1 percent of the target in the state budget at Rp475.58 trillion.


It also included Rp1.05 trillion of building and land tax or about 4.8 percent of the target at Rp21.7 trillion.


Some Rp2.9 trillion tax receipt in the first half of the year was other taxes or 57.3 percent of the target at Rp5.17 trillion while Rp44.5 trillion is oil and gas income tax or 53.04 of the Rp83.8 trillion target.


Earlier, Finance Minister Chatib Basri stressed the importance of expanding the tax base so that efforts to collect taxes would not be focused on traditional sectors only such as mining, and other commodities like crude palm oil (CPO).


He said expansion of tax sources should be carried out on sectors which so far had not yet been exploited optimally such as the property, financial and service sectors, thus the year-end tax target would be achieved.


"There are several sectors which experienced high growth such as property, finance, transportation service and communications. We have to realize that though these sectors have been tapped yet it is not yet optimal," said the minister.



ANTARA




Tax

Related News

10 Countries with No Personal Income Tax

16 jam lalu

10 Countries with No Personal Income Tax

Despite its necessity, several countries do not charge personal income tax to their citizens.

Read More

Kadin Warns Elected Govt to be Cautious Over State Revenue Agency Formation

3 hari lalu

Kadin Warns Elected Govt to be Cautious Over State Revenue Agency Formation

Kadin urged the government to be careful in realizing the plan to establish a State Revenue Agency.

Read More

Govt Annuls Policy Restricting Migrant Workers' Carry-on Goods

20 hari lalu

Govt Annuls Policy Restricting Migrant Workers' Carry-on Goods

The government decides to revoke regulations restricting migrant workers' carry-on goods from aboard.

Read More

Indef: Indonesia's 12 Percent VAT Highest in Southeast Asia

47 hari lalu

Indef: Indonesia's 12 Percent VAT Highest in Southeast Asia

The indef researcher responded to the government's plan to raise the value-added tax (VAT) to 12 percent.

Read More

Value-Added Tax Hike to 12 Percent to Raise Basic Commodity Prices: Indef

47 hari lalu

Value-Added Tax Hike to 12 Percent to Raise Basic Commodity Prices: Indef

Indef assesses that the increase in the value-added tax (VAT) to 12 percent will push up the prices of basic commodities.

Read More

Apindo Backs Policy on Carry-on Import Restrictions

48 hari lalu

Apindo Backs Policy on Carry-on Import Restrictions

The Indonesian Employers' Association (Apindo) expresses support for the government's policy on carry-on import restrictions.

Read More

Taxing the Super-Rich: A Tool to Close the Gender Gap

2 Maret 2024

Taxing the Super-Rich: A Tool to Close the Gender Gap

Taxing the ultra-rich, who currently pay almost no taxes, could make a huge difference.

Read More

Sri Mulyani Says January Tax Revenue Reaches Rp149.25 trillion

23 Februari 2024

Sri Mulyani Says January Tax Revenue Reaches Rp149.25 trillion

Finance Minister Sri Mulyani Indrawati says tax revenues in Indonesia reached Rp149.25 trillion as of January 31, 2024.

Read More

Sri Mulyani Extends VAT-free Home Purchase Program

21 Februari 2024

Sri Mulyani Extends VAT-free Home Purchase Program

Indonesian Finance Minister Sri Mulyani Indrawati officially extended the government's zero-value-added-tax (VAT) program for home purchases.

Read More

Prabowo Pledges to Separate Tax DG and Finance Ministry, Economist: 'Don't be Hasty'

21 Februari 2024

Prabowo Pledges to Separate Tax DG and Finance Ministry, Economist: 'Don't be Hasty'

Prabowo plans to form a National Revenue Agency to boost tax ratio

Read More