Tax Revenue Reaches Rp622 Trillion Until August 2016

Husen Miftahudin    •    16 September 2016 15:32 WIB
taxing
Tax Revenue Reaches Rp622 Trillion Until August 2016
Illustration (Photo: Antara/Widodo S Jusuf)

Metrotvnews.com, Jakarta: The government recorded tax revenue reached Rp622.67 trillion or 47 percent of the target until August 2016.

Tax revenue target in the revised 2016 state budget is Rp1,318.9 trillion.

"The latest update, until August 2016, tax revenue from the non-oil and gas sector reached Rp600.98 trillion, while tax revenue from the oil and gas sector reached Rp21.69 trillion," Tax Director General's tax revenue and compliance potential director Yon Arsal said at his office on Thursday (9/15).

The tax revenue increased nearly seven percent compared to the same period last year. Income Tax from the non-oil and gas sector increased by 6.32 percent, while Income tax from the oil and gas sector increased by 4.07 percent.

Meanwhile, value added tax decreased by 1.5 percent compared to the same period last year.

"Value added tax from imports decreased by 39.2 percent," Yon stated.


(WAH)