Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

Rp10tn Potential Tax Loss from Rupiah Rescue Policy

16 March 2015 16:00 WIB

Warga antre untuk menukarkan mata uang asing pada sebuah tempat penukaran mata uang asing di Mall Ambasador, Jakarta, 12 Maret 2015. Bank Indonesia menaikkan kurs tengah Rupiah terhadap dolar AS sebesar Rp 12 menjadi Rp13.176 per US$ untuk transaksi hari ini. Tempo/Tony Hartawan

TEMPO.CO, Jakarta – The tax incentives in Joko Widodo's so-called rupiah rescue policy package are expected to result in a loss of tax revenue.

"There will be a potential loss of tax revenue. According to my estimation, the amount would be Rp5 trillion to Rp10 trillion," tax observer Yustinus Prastowo, who is also the tax adviser to the Presidential Chief of Staff, told Tempo yesterday.

Although they may lead to tax revenue loss, Yustinus said the incentives given will have variety of benefits that can stimulate investment growth. The tax revenue loss is a short-term effect, and in the long run the effect would be positive such as job creation that will garner higher tax revenues in the future.

Coordinating Minister for the Economy Djalil said the government will announce the president's policy package this week. They had planned on announcing it last week but decided to postpone it to allow some time to discuss about the legal umbrellas for the policy, such as government regulations, presidential decrees, and ministerial regulations.

The policies stipulated in Joko Widodo's rupiah stabilization package are:

1. The provision of tax allowances

2. Collaborating with the Indonesian National Shipowners Association (INSA) to overcome deficits in the shipping sector by designing a fairer tax system for shipowners.

3. Improving the financial balance by urging SOEs to buy reinsurance.

4. The Ministry of Finance issued a regulation on temporary dumping and safeguarding duties for imported products with dumping indications.

5. Tax allowance for companies with 30 percent or more products destined for export markets.

6. Issuing government regulations to stop imposing VATs to shipyards in a bid to reduce shipping imports.

7. Increase biofuel components to reduce the import of oil and fuel oil.  

8. Giving tax incentives to foreign companies that do not send annual dividends of 100 percent to parent companies in their home countries.

AMIRULLAH | TRI ARTINING PUTRI | ODELIA SINAGA | ADITYA BUDIMAN



How Indonesian Media Has Covered the Russia-Ukraine War

36 hari lalu

How Indonesian Media Has Covered the Russia-Ukraine War

Russia and Ukraine both have a significant role in the Indonesian economy through trade in energy and food commodities.


New Year Travel; Get to Know ASEAN Currencies

4 Januari 2024

New Year Travel; Get to Know ASEAN Currencies

Before traveling to any state member of ASEAN, it is mandatory to know their currency.


Iriana Jokowi to Receive Bintang RI Adipradana Award Granted by President Joko Widodo

5 Agustus 2023

Iriana Jokowi to Receive Bintang RI Adipradana Award Granted by President Joko Widodo

The wife of Indonesian President Jowo Widodo, Iriana Jokowi, reportedly would be granted the Bintang RI Adipradana award.


Japanese Emperor to Meet Indonesian President Jokowi on June 19

18 Juni 2023

Japanese Emperor to Meet Indonesian President Jokowi on June 19

The Emperor of Japan, Hironomiya Naruhito, and Empress Masako Owada will meet President Joko Widodo (Jokowi) on Monday at the Presidential Palace .


New Constitutional Court Chief Justice Deemed Unconstitutional by Civil Coalition

23 November 2022

New Constitutional Court Chief Justice Deemed Unconstitutional by Civil Coalition

A Civil Coalition criticized the inauguration of the DPR's newly-appointed Constitutional Court chief justice Guntur Hamzah.


Joe Biden, Jokowi Discuss Bilateral Issues in Brief G20 Meeting

14 November 2022

Joe Biden, Jokowi Discuss Bilateral Issues in Brief G20 Meeting

President Jokowi in between the G20 Summit in Bali conducted a bilateral meeting with U.S. President Joe Biden.


Nathania Karina Assumes Conductor Role for Indonesian Independence Orchestra

15 Agustus 2022

Nathania Karina Assumes Conductor Role for Indonesian Independence Orchestra

The 77th Indonesian independence day orchestral event will be led by Nathania Karina as the conductor leading the GBN.


Jokowi Meets Volunteers, Loyalists at Bogor Palace

29 Juli 2022

Jokowi Meets Volunteers, Loyalists at Bogor Palace

In the three-hour meeting, President Jokowi asks his supporters to always keep their eyes peeled for problems in society.


Ukraine Ambassador Reacts as Kremlin Claims President Jokowi Will Visit Russia

16 Juni 2022

Ukraine Ambassador Reacts as Kremlin Claims President Jokowi Will Visit Russia

Russian news agency TASS reported that Vladimir Putin will meet with Jokowi in Moscow on June 30. The Ukraine Ambassador in Jakarta responds.


Australian PM Anthony Albanese, President Joko Widodo Meet at Bogor Palace

6 Juni 2022

Australian PM Anthony Albanese, President Joko Widodo Meet at Bogor Palace

President Joko Widodo, or Jokowi, met with Australian Prime Minister Anthony Albanese at the Bogor Presidential Palace on Monday.