Finance Ministry to Issue 2 Regulations to Boost Tax Amnesty

Dian Ihsan Siregar    •    26 September 2016 14:31 WIB
taxing
Finance Ministry to Issue 2 Regulations to Boost Tax Amnesty
Deputy Finance Minister Mardiasmo (Photo:MI/Rommy Pujianto)

Metrotvnews.com, Jakarta: The Finance Ministry is going to issue two ministerial decrees to boost the implementation of the tax amnesty program.

"PMK No 141/2016 on extension of administrative deadline and PMK No 142/2016 on special purpose vehicle," Deputy Finance Minister Mardiasmo said at the Indonesian Stock Exchange Building in Jakarta on Monday (9/26).

PMK No141/2016 stipulates the first period of the tax amnesty program will still end on September 30, 2016. However, the administrative requirements can be completed until the end of the year.

The tax amnesty program is divided into three periods. The government offers the lowest redemption rates in the first period.

Meanwhile, PMK No 142/2016 allows the tax amnesty participants to keep their special purpose vehicles abroad. They only need to pay the redemption.


(WAH)