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Tax potential from Pertamina could reach Rp500 trillion via new approach: DJP

| Source: ANTARA_ID Translated from Indonesian | Economy
Tax potential from Pertamina could reach Rp500 trillion via new approach: DJP
Image: ANTARA_ID

Jakarta (ANTARA) - Director General of Taxes Bimo Wijayanto said that potential tax revenue from PT Pertamina (Persero) could reach Rp400 trillion to Rp500 trillion per year through a cooperative compliance approach.

“Specifically for the state-owned company Pertamina, we can already roughly calculate that, if its revenue is stable, but of course this year its revenue will increase further, at least between Rp400-500 trillion a year. Because we see a great deal of business development and investment being carried out by Pertamina,” Bimo said at a press conference in Jakarta on Monday.

As is known, cooperative compliance is a new approach implemented by the Directorate General of Taxes (DJP) together with Pertamina. The scheme will subsequently be extended to two other state-owned companies, namely PT Pelabuhan Indonesia (Pelindo) and PT PLN (Persero).

Through this approach, DJP will no longer rely solely on audits after tax problems arise, but will instead prioritise communication, transparency, and the resolution of potential risks from the outset.

The implementation of the scheme was marked by the signing of a Tax Compliance Framework (TCF) with PT Pertamina (Persero), making it the first state-owned company in the energy sector to participate in trust-based supervision.

Bimo views the main purpose of the model not merely as increasing tax revenue, but as ensuring that every strategic business transaction can be known by DJP at an early stage, so that potential compliance problems can be prevented.

For example, when Pertamina makes investments or business expansions, that information is expected to be received directly by the tax authority, so that it does not give rise to differences in perception or reporting omissions at a later date.

“The point is that there are no more sudden surprises, should there be transactions arising from investment or business development that are not known to the Regional Tax Director, and possibly forgotten to be reported by Pertamina’s Board of Directors,” he said.

DJP has officially begun a trial of the cooperative compliance approach with Pertamina through the implementation of the TCF and the integration of tax data.

“We extend our appreciation to PT Pertamina (Persero) for its commitment and openness in becoming the first partner in this trial. With the support of the Tax Control Framework and data integration, tax risks can be identified earlier, thereby providing legal certainty, reducing compliance costs, and minimising the potential for disputes,” Bimo said.

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