Thursday, October 21, 2010

NEXT YEAR, CAN NOT PULL FISCAL TAX OVERSEAS AGAIN

JAKARTA. Starting next year, the Directorate General (DG) would lose a source of tax revenue. Because, according to Income Tax or the Income Tax Act, from 2011, the government will remove tax for people who travel abroad often called fiscal or abroad.

Alamsjah Iqbal, Director of Counseling, Services, and Public Relations Directorate General of Taxation said, so far, the government could not yet estimate the potential loss of tax revenue from the post. "Potential loss is essentially realized in 2010. And, it can only be known to the end of the year," Iqbal wrote in a brief message to KONTAN, Wednesday night (20/10).
As an illustration, he explained, the acquisition targets of foreign fiscal year 2010 amounted to Rp 39.57 billion. However, until 15 October, a new realization of Rp 8.78 billion, or 22.2%.

Just to remind, according to the Income Tax Act, tax-free amount of Rp 1 million per person actually has to be felt community since January 1, 2009. However, deletion is only valid for people who already have the number of taxpayers subject (TIN). Smoking Policy applies new overall fiscal year 2011.

The plan, the Directorate General of Taxation will work to improve taxpayer compliance in paying taxes to cover any potential loss of fiscal revenue from overseas.

Source : Cash Online, October 21, 2010

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