{
    "success": true,
    "data": {
        "id": 1620977,
        "msgid": "finance-minister-pursues-10-companies-suspected-of-under-invoicing-to-boost-revenue-collection-1773762807",
        "date": "2026-03-17 22:14:00",
        "title": "Finance Minister Pursues 10 Companies Suspected of Under Invoicing to Boost Revenue Collection",
        "author": "Erlangga Djumena",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Regulation",
        "summary": "Finance Minister Purbaya Yudhi Sadewa is pursuing 10 companies suspected of under invoicing\u2014the illegal practice of declaring artificially low values for goods and services in international trade invoices\u2014to strengthen Indonesia's state revenue. The crackdown is expected to boost tax revenue, with preliminary tax collection figures showing strong performance, including a 30 per cent year-on-year increase in February 2026 driven primarily by value-added tax and corporate income tax growth.",
        "content": "<p>Jakarta \u2014 Finance Minister Purbaya Yudhi Sadewa is pursuing 10\ncompanies suspected of engaging in under invoicing, the illegal practice\nof declaring goods or services at artificially low values in\ninternational trade invoices. The enforcement action is part of efforts\nto strengthen state revenue collection.<\/p>\n<p>Purbaya explained that such practices represent a significant source\nof revenue leakage for the state. Consequently, enforcement against\nthese illegal activities is expected to support increased fiscal\nrevenue, particularly from the taxation sector.<\/p>\n<p>\u201cWe have already identified which companies are conducting under\ninvoicing and the scale. I believe this will continue to improve our\nrevenue going forward,\u201d Purbaya told journalists at the Coordinating\nMinistry for Economic Affairs in Jakarta on Monday, 16 March 2026.<\/p>\n<p>Overall, Purbaya noted that state revenue performance, particularly\ntaxation, showed improvement compared to the previous year. For the\nJanuary to February 2026 period, tax revenue grew approximately 30 per\ncent.<\/p>\n<p>In February 2026 specifically, net tax revenue reached IDR 245.1\ntrillion, an increase of 30.4 per cent year-on-year.<\/p>\n<p>The growth was primarily supported by Value Added Tax (VAT) and Sales\nTax on Luxury Goods (PPnBM), which surged 97.4 per cent to IDR 85.9\ntrillion, reflecting increased economic activity and transactions.<\/p>\n<p>Additionally, Corporate Income Tax (PPh Badan) grew 44 per cent.\nPersonal Income Tax and Article 21 Income Tax rose 3.4 per cent.<\/p>\n<p>Final Income Tax, Article 22 Income Tax, and Article 26 Income Tax\nregistered 4.4 per cent growth, whilst other tax categories increased\n24.2 per cent.<\/p>\n<p>Purbaya expressed hope that this positive trend would continue as the\nnational economy improves.<\/p>\n<p>\u201cThe economy is truly turning. I hope it will continue to improve in\nthe future,\u201d he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/finance-minister-pursues-10-companies-suspected-of-under-invoicing-to-boost-revenue-collection-1773762807",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}