JAKARTA – The government has set today, Thursday, June 30, 2022, as the last period for the implementation of the Voluntary Disclosure Program (PPS). This tax facility allows taxpayers (WP) to declare previous assets that have not been included in the Annual SPT report.
It was stated that the PPS alias tax amnesty volume II was part of the implementation of the Law on the Harmonization of Tax Regulations (HPP), which the government began to roll out since January 1, 2022.
Citing information reported by the Directorate General of Taxes, the Ministry of Finance, it is known that the recapitulation of calculations as of June 30, 2022 at 08.00 WIB, the Voluntary Disclosure Program has been participated by 212,240 taxpayers.
From this number, it is known that 264,242 certificates were obtained. Meanwhile, the declared value of net assets reached Rp532.4 trillion.
This amount consists of domestic declarations and repatriation funds of Rp. 458.1 trillion, declarations of assets abroad of Rp. 54 trillion, as well as those entered into government investment instruments of Rp. 20.2 trillion.
Meanwhile, the state's net income in the form of income tax (PPh) is Rp. 54.2 trillion.
For information, PPS 2022 imposes a rate of 8 percent to 11 percent for assets that have not been reported with an acquisition year before December 2015.
Then, the rate is 12 percent to 18 percent of assets obtained from 2016-2020 but have not been reported in the 2020 Annual Tax Return.
The Ministry of Finance itself had given a statement that it would impose a tax rate of up to 200 percent for taxpayers who were found not to have reported previously acquired assets.
As a comparison, the current tax amnesty volume II is quite behind from the tax amnesty volume I book which was held in 2016 to 2017. At that time, the government claimed to have succeeded in reaping revenue of Rp. 135 trillion from 956,000 taxpayers with a property declaration value of around Rp. 4,800 trillion.
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