4,551 Taxpayers Apply For Tax Amnesty On The 16th Day Of PPS: Total Rp2.7 Trillion Of Assets Revealed

Illustration (Photo: Doc. Ministry of Finance)

JAKARTA - Entering the 16th day of the implementation of the Voluntary Disclosure Program (PPS), the Directorate General of Taxes (DJP) of the Ministry of Finance reported that the number of taxpayers (WP) who reported their assets amounted to 4,551 WP.

Citing information released on the official website today, it was stated that as of Sunday, January 15, the total assets disclosed by the thousands of taxpayers reached IDR 2.76 trillion with 4,899 certificates.

Of the total assets disclosed, 77.4 percent of them or the equivalent of Rp2.14 trillion are taxpayer declarations for domestic assets. Then as much as another 22.6 percent or Rp.443.03 billion is the coverage of wealth from declarations of taxpayers abroad.

Meanwhile, the net state revenue obtained so far from the PPS program is IDR 318.6 billion. This value is included in the government's pocket as income tax revenue or PPh. It is known that the income tax is around 11.5 percent of the taxes of all participants.

For information, the Voluntary Disclosure Program or PPS is often referred to as tax amnesty volume II. The program, which is considered a tax amnesty, was launched by the government in 2016.

Now, taxpayers are again given certain tax breaks. The program itself was originally scheduled to last until June 30, 2022.