PPATK: Massive Carbon Tax May Lead to State Revenue Leakage

31 March 2022 15:54 WIB

TEMPO.CO, JakartaHead of the Financial Transaction Reports and Analysis Center (PPATK) Ivan Yustivandana said the massive implementation of the carbon tax in Indonesia potentially leads to leakage of state revenues.

“This can lead to potential leakage of state revenues … committed by individuals and business actors,” Ivan said in a YouTube broadcast on Thursday, March 30.

According to him, there are a number of violations that may occur in the implementation of the carbon tax, including tax evasion, tax fraud, corruption, and money laundering.

This is considered a global phenomenon. In accordance with the study conducted by the Anticorruption Resource Center in 2021, corruption in carbon taxes could reduce the imposition of carbon taxes from business actors.

“So it may hinder the government to achieve the carbon net sink target. Corruption and criminal acts in the taxation sector are basic crimes of money laundering,” Ivan added.

PPATK thus opined that the government’s anti-money laundering efforts and preventive measures against terrorism financing are necessary to oversee the implementation of a carbon tax that is accountable, transparent, and ethical.

Read: Indonesia to Impose Carbon Tax in April 2022 Using Two Schemes

M. FAIZ ZAKI



Asabri Case Trial: Prosecutors Want Death Penalty for Defendant Benny Tjokrosaputro

37 hari lalu

Asabri Case Trial: Prosecutors Want Death Penalty for Defendant Benny Tjokrosaputro

Prosecutors demand the death penalty for Hanson International CEO Benny Tjokrosaputro, the defendant in the PT Asabri money laundering case.


Carbon Tax Implementation; Finance Ministry Awaits for Economy Condition

41 hari lalu

Carbon Tax Implementation; Finance Ministry Awaits for Economy Condition

The carbon tax implementation has previously been delayed twice in April and in July 2022.


Energy Ministry Hints at Enacting the Postponed Carbon Trade

53 hari lalu

Energy Ministry Hints at Enacting the Postponed Carbon Trade

The Energy and Mineral Resources Ministry (ESDM) hinted at commencing its carbon trade program, which was postponed since 2020.


Jokowi: Indonesia's Economic Growth Highest Among G20 Countries

29 September 2022

Jokowi: Indonesia's Economic Growth Highest Among G20 Countries

Indonesia's President Joko Widodo or Jokowi states that the country recorded the highest economy among G20 countries.


Sri Mulyani Reports State Budget Rp107.4tn Surplus amid Turmoil

26 September 2022

Sri Mulyani Reports State Budget Rp107.4tn Surplus amid Turmoil

Finance Minister Sri Mulyani stated that the country's state budget is resistant to shocks as it records a surplus of Rp107.4 trillion.


PPATK: Trillions of Online Gambling Money Flow to Students, Police Accounts

15 September 2022

PPATK: Trillions of Online Gambling Money Flow to Students, Police Accounts

PPATK found large amounts of online gambling money (Rp155 trillion) flowing to students' and police personnel's bank accounts.


PPATK Blocks Papua Governor's Bank Account Over Suspiciously Large Amount of Money

13 September 2022

PPATK Blocks Papua Governor's Bank Account Over Suspiciously Large Amount of Money

PPATK blocked a number of bank accounts that were allegedly linked to Papua governor Lukas Enembe. His lawyer, however, denies corruption allegations.


PPATK: Online Gambling Thrives Because Many People Play

23 Agustus 2022

PPATK: Online Gambling Thrives Because Many People Play

Financial Transaction Reports and Analysis Center (PPATK) continues to monitor the fund flow of online gambling in Indonesia.


Financial Watchdog Assess Digitization, Links to Money Laundering

4 Agustus 2022

Financial Watchdog Assess Digitization, Links to Money Laundering

PPATK highly commends the positive impact of digitization on economic growth but acknowledges fear of misuse for money laundering.


Densus 88 Checks ACT's Transactions to Terror-Prone Countries

7 Juli 2022

Densus 88 Checks ACT's Transactions to Terror-Prone Countries

The National Police's Densus 88 is examining financial transactions of Aksi Cepat Tanggap (ACT) that is suspected of financing terrorism activities.