Revving Up The Economy for 2017

The tax amnesty program that will run through March 2017 offers hopes of increased economic growth. The government may be euphoric over the additional revenues generated, but the success should not tempt it to rest on its laurels.

The much-touted tax amnesty program has managed to collect Rp93.6 trillion as of last September, albeit a far cry from the government's target of Rp165 trillion. While going at the target, the tax directorate-general might as well take advantage of the broad tax base to increase revenues next year.

October 25, 2016