Taxation in Indonesia

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The Taxation Directorate General will spy on people’s activities through social media in trying to boost tax revenue, an official has said.

With only four months left of 2018, tax collection has reached Rp 760.57 trillion (US$52 billion), or 53.41 percent of the government’s total annual tax revenue target, according to the Taxation Directorate General.

The government policy to cut the income tax for small and medium enterprises (SMEs) from 1 percent to 0.5 percent has been in effect since July 1, and a tax official has said the facility can be enjoyed starting Aug. 1 on the previous month’s sales.

Indonesia’s Finance Ministry on Monday announced a new policy that will exempt new businesses in 17 “pioneering industries” from paying corporate tax while also slashing the procedures involved.

Energy and Mineral Resources Minister Ignasius Jonan is the first high-ranking official to submit his annual tax return form (SPT) to the tax authority, a tradition often seen each year as a gesture from the government to encourage taxpayers to do the same.

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