Tax revenue exceeds target<\/p>\n
The Jakarta Post, Jakarta<\/p>\n
Domestic tax revenues collected by the Directorate General of
\nTaxation surpassed the target set in the 2001 budget.<\/p>\n
Director General of Taxation Hadi Purnomo said that his office
\ncollected a total of Rp 158.26 trillion (US$15.82 billion) from
\nvarious taxes, exceeding the budget target of Rp 156.57 trillion.<\/p>\n
Speaking on the sidelines of the New Year's celebration at his
\noffice, Hadi noted that higher tax revenue was made possible from
\nthe higher revenue from non-oil income tax and VAT.<\/p>\n
Non-oil income tax revenue reached Rp 71.21 trillion, as
\ncompared to Rp 69.24 trillion set in the 2001 revised budget;
\nmeanwhile, VAT revenue totaled Rp 55.71 trillion, higher than the
\ntarget of Rp 53.45 trillion.<\/p>\n
He also explained that tax revenue from land-and-building tax
\nand from land-and-building-title-acquisition tax totaled Rp 6.66
\ntrillion surpassing the target for the whole year of Rp 6.28
\ntrillion.<\/p>\n
Hadi, however, revealed that the revenue from oil-and-gas
\nincome tax and other taxes were below target.<\/p>\n
Revenue from oil-and-gas income tax was Rp 23.1 trillion,
\ncompared to Rp 25.73 trillion in the budget due to weakening oil
\nprices toward the end of 2001.<\/p>\n
Meanwhile, revenue from other taxes was Rp 1.58 trillion,
\nbelow the target of Rp 1.94 trillion.<\/p>\n
In addition to the various taxes contributed by the tax
\noffice, the government also has other tax revenues collected by
\nthe Directorate General of Customs and Excise.<\/p>\n
For last year, the customs and excise office was targeted to
\ncollect a total of Rp 28.6 trillion in revenue, of which Rp 17
\ntrillion came from excise and Rp 10.4 trillion from import
\nduties.<\/p>\n
No data is available on the collection of excise and import
\nduties.<\/p>\n
For 2002 budget, the government and the House of
\nRepresentatives have agreed to increase tax revenue to Rp 184.68
\ntrillion, including Rp 22.35 trillion from excise.<\/p>\n
Target revenues for all taxes except oil-and-gas tax have been
\nraised for this year.<\/p>\n
Non-oil income tax revenue has been boosted to Rp 88.82
\ntrillion, VAT and luxury taxes to Rp 70.1 trillion, land-and-
\nbuilding tax to Rp 5.92 trillion, land-and-building-acquisition
\ntax to Rp 2.21 trillion and other taxes to Rp 1.95 trillion.<\/p>\n
Income tax revenue from the oil and gas sector for this year
\nhas been revised down to Rp 15.68 trillion due to falling oil
\nprices.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/tax-revenue-exceeds-target-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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