Officially Ending, Tax Amnesty Volume II Makes The State Receive Rp61 Trillion Revenue From 247,918 Taxpayers

Illustration (Photo: HaloMoney)

JAKARTA – The Ministry of Finance (Kemenkeu) today officially submitted a report regarding the implementation of the Voluntary Disclosure Program (PPS) which ended on June 30.

Minister of Finance (Menkeu) Sri Mulyani said that since it was implemented on January 1, PPS has been followed by 247,918 taxpayers (WP) with 308.059 certificates issued.

From these taxpayers, the value of the property declaration was Rp. 594.8 trillion. This figure consists of declarations of domestic assets and repatriation funds of IDR 512.5 trillion, declarations of foreign assets of IDR 59.9 trillion, and IDR 22.3 trillion in government investment instruments.

"From this PPS, the state collects revenue in the form of Income Tax (PPh) in the amount of Rp. 61.01 trillion," he said in Jakarta on Friday, July 1.

The Minister of Finance explained that based on the value of the second volume of tax amnesty, most taxpayers with disclosed assets ranged from Rp. 10 million to 100 million (33.3 percent). Followed by WP with assets of IDR 100 million – IDR 1 billion (30.3 percent), WP with assets of IDR 1 billion – IDR 10 billion (16.6 percent), WP with maximum assets of IDR 10 million (15.6 percent).

Then, taxpayers with assets of IDR 100 billion – IDR 1 trillion (0.28 percent) and finally taxpayers with assets of more than IDR 1 trillion as many as 11 taxpayers (0.00 percent).

"Based on the top five types of businesses, PPS is followed by at most private entrepreneurs or employees of IDR 300 trillion. Then, personal services (doctors, lawyers, and others) amounted to Rp. 59.1 trillion, retail trade was Rp. 13.6 trillion, civil servants were Rp. 9.7 trillion, and real estate sector taxpayers were Rp. 9.4 trillion.

As for geographical location, the highest area is Jakarta with IDR 222.1 trillion, East Java with IDR 88.2 trillion, Banten and West Java with IDR 83.5 trillion, North Sumatra with IDR 42.8 trillion, and Central Java with IDR 34.7 trillion.

According to VOI records, the first volume of the tax amnesty program in 2016-2017 is considered to be more smooth than today. At that time, the tax amnesty scheme was followed by more than 956,000 taxpayers. From them, the value of declared assets was Rp. 4,800 trillion and state income was Rp. 135 trillion.