Hotel seized for tax evasion

JAKARTA: The City Revenue Agency seized Twin Plaza Hotel and Apartments on Jl. S. Parman, West Jakarta, on Thursday for tax arrears worth Rp 2.56 billion (US$301,176.47).

Agency official Lumban Gaol said the seizure was in accordance with Law No. 19/2000 on tax collection.

City administration website beritajakarta.com reported that the agency had sent warning letters on Aug. 1, 2002, on July 2, 2003 and the final warning on Oct. 6. It even sent a letter informing the complex management that the property would be seized but received no response.

The management still has 14 days, as of Thursday, to settle their tax liability. Should it fail to do so, the agency will sell the property.

Twin Plaza Hotel and Apartments was owned by a consortium of PT Slipi Sri Indopuri, PT Dwinusa Agung Sejahtera, PT Pusri and PT Bhakti Investama. But the agency only named PT Dwinusa as the current owner after buying the property from PT Slipi. -- JP