Jakarta. After targeting the mining industry and doctors, the Directorate General of Taxation at Ministry of Finance began targeting professionals in the financial industry, particularly in the banking sector to participate in a tax amnesty. This policy was taken as the tax authority found that out of 1,221 taxpayers (WP) who are commissioners of banks, only 19% of them have joined tax amnesty. Meanwhile, out of 2,352 taxpayers, who work as bank directors, only 12% of them have participated. Tax authority also recorded that only 19% of 5,378 taxpayers, who are registered as banks’ shareholders have participated in tax amnesty. The lack of participation of the bankers in tax amnesty has led to the low contributions of the group to the redemption fees. To date, redemption fees from the group of banks’ commissioners only amounted to IDR194.3 billion, while the banks’ shareholders contributed to IDR3.26 trillion of redemption fees.
Tax authority targets bankers
Jakarta. After targeting the mining industry and doctors, the Directorate General of Taxation at Ministry of Finance began targeting professionals in the financial industry, particularly in the banking sector to participate in a tax amnesty. This policy was taken as the tax authority found that out of 1,221 taxpayers (WP) who are commissioners of banks, only 19% of them have joined tax amnesty. Meanwhile, out of 2,352 taxpayers, who work as bank directors, only 12% of them have participated. Tax authority also recorded that only 19% of 5,378 taxpayers, who are registered as banks’ shareholders have participated in tax amnesty. The lack of participation of the bankers in tax amnesty has led to the low contributions of the group to the redemption fees. To date, redemption fees from the group of banks’ commissioners only amounted to IDR194.3 billion, while the banks’ shareholders contributed to IDR3.26 trillion of redemption fees.