Di bawah ada daftar dengan kolom dan profil perusahaan yang subyeknya berkaitan.

Berita Hari Ini Tax Amnesty Bill

  • Indonesia Investments' Newsletter of 19 September 2016 Released

    On 19 September 2016, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy-related topics such as Indonesia's budget deficit, the tax amnesty program, GDP growth, the trade balance, micro credit, the case of Ford Motor Indonesia, coal mining, the ceramic industry, and more.

    Lanjut baca ›

  • Update Indonesia's Tax Amnesty Program, Singapore Banks to Police

    The first period of Indonesia’s tax amnesty program is almost completed. This first period, which runs from July to 31 September 2016, offers the most attractive tax rates to those taxpayers who have not fulfilled their tax obligations in recent years. Through the government’s tax amnesty program they can declare previously undeclared assets and – if they have assets abroad (for example in the so-called tax havens) – they are encouraged to repatriate these funds into Indonesia through attractive tax incentives and immunity from prosecution, a move that met resistance in Singapore.

    Lanjut baca ›

  • Indonesia's 2017 Economic Growth Target Set at 5.1%

    The central government of Indonesia and Commission XI within Indonesia's House of Representatives (DPR) agreed to set the nation's economic growth target at 5.1 percent (y/y) in the draft state budget for 2017. This target is 0.2 percentage points below the GDP growth target that was mentioned by Indonesian President Joko Widodo in a speech last month (based on a financial note) and is also below the 5.2 GDP growth target that was set in the Revised 2016 State Budget. Less optimistic forecasts are especially caused by a cut in government spending.

    Lanjut baca ›

  • Bank Indonesia Pessimistic about Fruits of Tax Amnesty Program

    The governor of Indonesia's central bank (Bank Indonesia), Agus Martowardojo, stated that he has become highly skeptical about the government's tax amnesty program that was launched in July. At a parliamentary hearing on Wednesday (07/09), Martowardojo said the central bank only expects to see IDR 21 billion (approx. USD $1.6 billion) in additional tax revenue through the amnesty program for the state and only USD $13.8 billion in repatriated funds. These new projections are significantly below the central bank's earlier projections.

    Lanjut baca ›

  • Update of Indonesia's Tax Amnesty Program: Big Taxpayers Join

    A total of 62 "big taxpayers" have joined Indonesia's tax amnesty program. According to local media their participation has resulted in a total of IDR 41.2 trillion (approx. USD $3.1 billion) worth of fund declarations and IDR 902 billion (approx. USD $68 million) in additional state revenue (tax). Meanwhile, the Tax Directorate General said there are more big Indonesian taxpayers ready to join the program. The tax office has formed a special team that calls the country's large businessmen on a daily basis to remind them about the tax amnesty program and their tax obligations.

    Lanjut baca ›

  • Initial Public Offerings (IPOs) on Indonesia Stock Exchange in 2016

    The Indonesia Stock Exchange (IDX) expects to see 15 more companies conducting an initial public offering (IPO) on the local bourse in the remainder of the year, supported by the improving macroeconomic indicators of Indonesia (including a 5.18 percent y/y GDP growth pace in Q2-2016, 2.78 percent y/y inflation in August, and the central bank's lower interest rates) as well as the tax amnesty program (that should bring home trillions of rupiah, part of which finds its way into the local stock market). However, looming tighter monetary policy in the USA remains a challenge.

    Lanjut baca ›

  • Indonesia Investments' Newsletter of 4 September 2016 Released

    On 4 September 2016, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy-related topics such as Indonesia's tax amnesty program, inflation, manufacturing, GDP growth, the smartphone market, crude palm oil, the textile industry, and much more.

    Lanjut baca ›

  • Three Giant Businessmen Join Indonesia's Tax Amnesty Program

    The ambitious tax amnesty program of the Indonesian government received support from three influential Indonesian businessmen. The first, James Riady, Chief Executive of the Lippo Group (and son of Mochtar Riady, the founding father of this huge conglomerate), joined the program by handing over his tax declaration documents to Indonesia's Tax Office on Friday (02/09). This declaration took place in front of an audience consisting of Indonesian press and therefore may cause some momentum for the controversial program that experienced a sloppy start.

    Lanjut baca ›

  • Indonesia Investments' Newsletter of 28 August 2016 Released

    On 28 August 2016, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy-related topics such as Indonesia's 13th economic policy package, an update on the tax amnesty program, US monetary policy, the tobacco and cement industries, the Palapa Ring project, and more.

    Lanjut baca ›

  • Currency of Indonesia: Rupiah to Appreciate in 2016

    After six years of steady decline, the Indonesian rupiah is likely to have appreciated against the US dollar at the end of 2016. So far this year, the currency of Indonesia has appreciated 4.8 percent to IDR 13,126 against the greenback (Bloomberg Dollar Index) supported by capital inflows, particularly into government bonds and stocks as well as the delay in further monetary tightening in the USA. Although the rupiah should depreciate a bit as we go towards the end of the year, it is set to finish the year at a stronger level than it started.

    Lanjut baca ›

Artikel Terbaru Tax Amnesty Bill

  • Indonesian Financial Institutions in Focus: Bank Central Asia (BCA)

    Bank Central Asia (BCA), the largest lender by market value and assets in Indonesia, is expected to benefit from Indonesia's tax amnesty program and improving economic growth of Southeast Asia's largest economy. CIMB Securities projects a 10 percent year-on-year (y/y) increase in loan growth in full-year 2016. However, this growth projection is slightly below BCA's loan growth realization one year earlier when it reached 12 percent (y/y). This slowing growth is attributed to lower demand for working capital credit and investment credit.

    Lanjut baca ›

  • Weak Tax Revenue Indonesia in 1H-2016, Spotlight on Tax Amnesty

    Indonesia's tax revenue realization in the first half of 2016 was disappointing. According to the latest data, Southeast Asia's largest economy collected a total of IDR 518.4 trillion (approx. USD $39.6 billion) worth of tax revenue (including customs and excise) in the first six months of 2016, down 3.3 percent (y/y) from tax revenue realization in the same period one year earlier, and only 33.7 percent of total targeted tax revenue (IDR 1,539.2 trillion) set in the revised 2016 State Budget. The disappointing performance is mainly due to weak tax income from the oil and gas sector.

    Lanjut baca ›

  • Tax Amnesty Program Indonesia: Investment Instruments II

    The government of Indonesia is preparing various investment instruments in order to absorb the (potentially large) inflow of capital following the launch of the tax amnesty program earlier this month. Besides government bonds, state-owned enterprises' bonds, real estate investment trusts (REITs), and property investment through private equity schemes (RDPTs), the government is also preparing trustees and zero coupon bonds. Without such investment instruments, bubbles are expected to appear due to the large inflow of funds into Indonesia's financial markets.

    Lanjut baca ›

  • Tax Amnesty Program Indonesia Launched: Which Investment Instruments?

    Without giving too much insight into the details and regulations, Indonesian President Joko Widodo launched the tax amnesty program on Friday (01/07) during a speech in front of hundreds of businessmen and officials at Indonesia's tax office headquarters in Jakarta. The tax amnesty program - approved by the House of Representatives in late June - is a strategy to boost state tax income by (temporarily) granting amnesty as well as offering attractive incentives to (former) tax evaders. In return, the tax dodgers have to declare and (if wanted) repatriate their offshore assets into Indonesia.

    Lanjut baca ›

  • Analysis Indonesia Stock Market & Rupiah: Post-Brexit Recovery

    As expected, Indonesia's benchmark Jakarta Composite Index fell on Friday (01/07) due to profit-taking after an impressive recent (relief) rally that brought the index into bull market territory earlier this week. Meanwhile, the Indonesian rupiah maintained its momentum, appreciating 0.72 percent to IDR 13,115 per US dollar on the first day of the new month, the currency's strongest level in three and a half months. Most Asian emerging markets have now repaired their earlier Brexit-induced losses.

    Lanjut baca ›

  • Indonesian Construction Companies in Focus: Total Bangun Persada

    Today, Indonesia's House of Representatives passed the Tax Amnesty Bill into law. Indonesian authorities expect this bill to bring home trillions of rupiah (hundreds of million of US dollars) that partly flow into Indonesia's property sector. Total Bangun Persada, one of Indonesia's leading construction companies, is one of the companies that can benefit from these inflows. CIMB Securities expects the company's revenue to grow 6.8 percent (y/y) to IDR 2.52 trillion (approx. USD $189 million) in 2016.

    Lanjut baca ›

  • Indonesia's House Passes Tax Amnesty Bill & Revised State Budget

    In a plenary session on Tuesday (28/06), Indonesia's House of Representatives (DPR) passed the controversial Tax Amnesty Bill into law as well as the revised 2016 state budget. The Indonesian government will be relieved to see the Tax Amnesty Bill come into effect on 1 July 2016 (ending in May 2017) as it expects the bill to boost tax revenue this year by IDR 165 trillion (approx. USD $12.4 billion). Through tax incentives and the pardoning of tax crimes, the tax amnesty program makes it attractive for tax evaders to declare their offshore assets and repatriate these into Indonesia.

    Lanjut baca ›

  • Government Revenue Collection Indonesia at 23% of 2016 Target in Early May

    So far this year, realization of government revenue in Indonesia (up to 8 May 2016) has reached IDR 419.2 trillion (approx. USD $32 billion), roughly 23 percent of the full-year revenue target in 2016 (IDR 1,822.5 trillion). This result is weaker compared to last year when the government collected IDR 476.3 trillion in the period 1 January - 15 May 2015, or 27 percent of the full-year target. Meanwhile, government spending reached IDR 586.8 trillion between 1 January and 8 May 2016, or 28 percent of the full-year target (IDR 2,095.7 trillion), roughly the same as government spending during the same period last year.

    Lanjut baca ›

  • Indonesia in April: State Budget & 7-day Reverse Repurchase Rate

    If we look back on the month of April, two important matters - related to the economy - occurred in Indonesia this month: (1) in the first week of April, the Indonesian government managed to complete the Revised 2016 State Budget (RAPBN-P 2016), and, one week later, (2) the central bank (Bank Indonesia) announced it will adopt a new benchmark monetary tool per 19 August 2016 - the so-called seven-day reverse repurchase rate - that is to replace the existing BI rate (which fails to influence market liquidity effectively).

    Lanjut baca ›

  • Tax System Indonesia: Plans to Cut Corporate Income Tax to 20%

    More changes to Indonesia's tax system are in the pipeline. Today (11/04), Indonesia's Finance Minister Bambang Brodjonegoro said Southeast Asia's largest economy plans to cut the corporate income tax rate to 20 percent this year (from 25 percent currently). According to Brodjonegoro a 20 percent corporate tax rate is more competitive and will attract investment. Indonesia's finance minister expressed this plan in a meeting with the nation's parliamentary commission overseeing taxes (an income tax rate cut requires parliamentary approval).

    Lanjut baca ›

No business profiles with this tag