JAKARTA. The realization of tax revenues as of November 2016 just reached Rp 965 trillion or 71% of Rp 1,355 trillion targeted under 2016 State Budget. The number consists of Rp 934 trillion of income tax revenues of non-oil and gas sector, while others were collected from income tax revenues of oil and gas sector. The government estimates that the tax revenues will be lower than the target of Rp 215 trillion by the end of 2016. Director of Tax Potential, Compliance, and Revenues at the Directorate General of Taxation Yon Arsal said that the realization of tax revenues has increased by Rp 93.8 trillion from October 2016 to November 2016.
Tax revenues realization just 71% in November
JAKARTA. The realization of tax revenues as of November 2016 just reached Rp 965 trillion or 71% of Rp 1,355 trillion targeted under 2016 State Budget. The number consists of Rp 934 trillion of income tax revenues of non-oil and gas sector, while others were collected from income tax revenues of oil and gas sector. The government estimates that the tax revenues will be lower than the target of Rp 215 trillion by the end of 2016. Director of Tax Potential, Compliance, and Revenues at the Directorate General of Taxation Yon Arsal said that the realization of tax revenues has increased by Rp 93.8 trillion from October 2016 to November 2016.