TEMPO.CO, Jakarta - Finance Ministry’s Directorate General of Tax notes that Indonesian tax revenue as of early February has reached Rp69.9 trillion or slightly increases compared to the same period last year.
“The net amount is roughly Rp69 trillion, it’s a positive result when compared to the same period last year at Rp66 trillion,” the said Yon Arsal, director for tax potential, compliance and revenue, as quoted by the news agency Antara.
Yon said that that the figure includes revenue from oil and gas and non-oil and gas sectors that has grown in early 2017. Oil and gas tax revenue has grown due to improved global crude oil prices.
“PPh migas [oil and gas income tax revenue] has been positive, the realization stands at Rp4 trillion if I remember correctly, owing to improved oil and gas prices,” Yon said.
The government has set Rp1,498.87 tax revenue target in the state budget 2017, comprising Rp1,307.67 in tax revenue and Rp191.2 trillion in customs revenue.
ANTARA