Thursday, August 19, 2010

Big tax payers have Rp 1.2 trillion in arrears

Big tax payers have not paid Rp 1.2 trillion (US$133 million) in financial obligations to the state as of July this year.

Head of the Large Tax Office (LTO) Mekar Satria Utama identified the tax payers as companies in the mining, banking, telecommunication, processing industry, heavy equipment trade and automotive distribution sectors.

The mining industry is the largest tax payer, contributing 40 percent to state tax revenue, followed by the banking sector at 23 percent.

“We originally set a target of examining and cashing in Rp 953 billion of tax arrears, but we have reached 128 percent of the target and expect to exceed 200 percent of the mark by the end of the year,” Mekar said as quoted by Antara on Wednesday.

He said the LTO had met one half of the tax revenue target of Rp 661 trillion set in the 2010 state budget.

There are 199 large tax offices among about 700 tax offices across the country.


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