{
    "success": true,
    "data": {
        "id": 1263750,
        "msgid": "rp-1-trillion-per-day-1447893297",
        "date": "2002-08-22 00:00:00",
        "title": "Rp 1 trillion per day",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Rp 1 trillion per day The 2003 state budget draft submitted to the House of Representatives last Friday sets tax receipts at Rp 260.8 trillion, or Rp 1 trillion each working day, a huge amount indeed given that the economic crisis still persists. By setting the tax target high, the government seems to be encouraging the House to fight for this rise in tax receipts because Indonesia's tax ratio is the lowest in ASEAN, 13 percent this fiscal year and 13.3 percent in 2003.",
        "content": "<p>Rp 1 trillion per day<\/p>\n<p>The 2003 state budget draft submitted to the House of<br>\nRepresentatives last Friday sets tax receipts at Rp 260.8<br>\ntrillion, or Rp 1 trillion each working day, a huge amount indeed<br>\ngiven that the economic crisis still persists.<\/p>\n<p>By setting the tax target high, the government seems to be<br>\nencouraging the House to fight for this rise in tax receipts<br>\nbecause Indonesia's tax ratio is the lowest in ASEAN, 13 percent<br>\nthis fiscal year and 13.3 percent in 2003.<\/p>\n<p>Many countries make a tax ratio a guideline to assess the<br>\nperformance of the government or fiscal authorities in tax<br>\ncollection, but this method may be misleading. A low tax ratio<br>\ndoes not mean a low burden on the part of the community.<\/p>\n<p>As Indonesia's economy is characteristically dominated by the<br>\ninformal sector, some people may have a relatively big income but<br>\npay no taxes because they are in the informal sector, while<br>\nothers working in the formal sector must pay taxes even though<br>\ntheir earnings are just above the untaxable income level.<\/p>\n<p>It is true that Indonesia has about 1.9 million individual<br>\ntaxpayers and one million corporate taxpayers, but only about 50<br>\npercent of them send in their annual tax returns. More than half<br>\nof this group states a zero condition or reports losses.<\/p>\n<p>This means that tax receipts come from a certain number of<br>\ntaxpayers only. Under such a condition, the state budget becomes<br>\nshaky.<\/p>\n<p>The Directorate General of Tax's hard work to collect taxes<br>\nmay justify making taxes the main support of our state budget. In<br>\n2003, for example, 79.5 percent of the revenue will come from<br>\ntaxes. Under such a condition, will the state budget remain<br>\nsound? In advanced countries, taxes generally make up only 50<br>\npercent to 60 percent of domestic revenue.<\/p>\n<p>-- Bisnis Indonesia, Jakarta<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rp-1-trillion-per-day-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}