Indonesia might offer a second tax amnesty. But how successful was the first?

With plans of a new tax amnesty resembling that of 2016, the government seeks to increase state revenue as a quick fix for a huge budget deficit caused by the coronavirus pandemic, but critics warn that a second program may encourage tax evasion. Coordinating Economic Minister Airlangga Hartarto said on May 19 that the plan was included in a proposed amendment to Law No. 6 of 1983 on general provisions and tax procedures, along with a plan to increase value-added tax (VAT), high-net-worth individual (HNWI) tax and many other changes. He added that President Joko “Jokowi” Widodo had sent a letter to the House of Representatives, implying the discussion between the government and lawmakers would begin this year.

This article was published in thejakartapost.com with the title “Indonesia might offer a second tax amnesty. But how successful was the first?Govt announces national holidays, collective leave days for 2021”. Click to read: https://www.thejakartapost.com/news/2020/09/11/govt-announces-national-holidays-collective-leave-days-for-2021.html.


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