Bappenas: Flows of foreign funds may be taxed

JAKARTA. Incoming foreign funds can be taxed. The goal is to prevent economic disruption during a large-scale withdrawal.

Secretary to the Minister of National Development Planning / Bappenas Syahrial Loetan said tax has been applied in Brazil dah Thailand. Therefore he said the government should study the possibility of the imposition of such tax. "The domain remains in the Bank Indonesia (BI), for its magnitude domain also BI. There is no harm in applying it," he said on Monday (1 / 11).

Syahrial said the imposition of this tax will benefit the government in case of withdrawal of capital. "Buy a little expensive I think it's okay. We can handful slight advantage with the existing policy," he said.

Economic Observer Tony Prasetiantono was agreed. According to him, BI should impose gift taxes to foreign funds that will come out. According to him, that policy will not affect the stability of the rupiah. "I think necessary. It is time for it to do," he said.

He said the recent capital inflow continued to flood the emerging markets including Indonesia. According to him, foreign investors tend to seek more profitable investment, especially emerging markets in Asia. "By granting such tax, will hold a minimum capital inflow last longer. Especially if capital inflow could be allocated to the real sector," says Tony.

Source : Kontan Online