JAKARTA - Minister of Finance Purbaya Yudhi Sadewa plans to carry out a surprise inspection of steel sector companies that are suspected of failing to pay value added tax (VAT) obligations this week.
"It should be this week. I will invite you one or two days later," said Purbaya at the Ministry of Finance office, Jakarta, quoted by Antara, Tuesday, January 27.
According to the Minister of Finance, the plan for the raid is so far still in the process of preparation by the Ministry of Finance team. He gave a signal that the company is located in Jakarta.
"It should be this week, we are preparing. [Location] Jakarta, I think," said the Minister of Finance.
Previously, Purbaya said there were around 40 companies in the steel sector who were suspected of not fulfilling their tax obligations.
The companies are from different countries. In addition to China, Purbaya said there are also companies from Indonesia.
The Minister of Finance said that he would comb through tax evasion companies to demand that they deposit their obligations to the state, including domestic companies.
The alleged tax evasion by the steel company was previously revealed by Purbaya to reporters when he was met after the January 2026 APBN KiTa Edition press conference in Jakarta, Thursday (8/1).
Purbaya revealed that there were foreign companies in the steel sector that sold directly to clients in cash to avoid paying VAT.
In addition, continued the Minister of Finance, the company is also likely to buy the Population Card (KTP) to falsify the number of employees.
For this manipulation, Purbaya argues that the state has suffered considerable losses, because one company alone has the potential to earn up to Rp4 trillion per year.
"The potential, said the person who has repented, is more than Rp4 trillion a year. So big," added the Minister of Finance.
In addition to combing companies, Purbaya also admitted that he would comb employees in the scope of the Ministry of Finance to evaluate the possibility of collusion in tax evasion.
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