November 2025 Tax Revenue Reaches Only 78%; Corporate Income Tax, Individual Income Tax, and VAT Contract
JAKARTA. Tax revenue realization through the end of November 2025 stood at IDR1,634.43 trillion, or 78.7% of the government's outlook. The government has set a revenue outlook of IDR2,076.9 trillion by the end of the year.
Compared to the tax revenue realization for the same period in 2024, or on a year-on-year (YoY) basis, this figure represents a 3.2% decline.
The decline occurred across nearly all tax types: Corporate Income Tax contracted by 9%, Individual Income Tax and Income Tax Article (ITA) 21 contracted by 7.8%, while Value Added Tax and Sales Tax on Luxury Goods (VAT and STLG) saw a sharp contraction of 21.5%.
Deputy Minister of Finance Suahasil Nazara revealed that this contraction was partly influenced by tax restitutions (refunds).
According to Suahasil, if viewed on a gross basis (excluding restitutions), tax revenue realization actually grew. Gross tax revenue in November 2024 was recorded at IDR1,947.65 trillion, while gross tax revenue in November 2025 reached IDR1,985.48 trillion.
He explained that tax revenue trends in November have shown improvement compared to October 2025. "In November, although it is still down, there is an improvement compared to October," Suahasil stated during the Ministry of Finance's "APBN KITA" presentation on Thursday (12/18).
Tax Dynamization
During the session, the government also explained steps taken to reduce the tax revenue shortfall, one of which is tax dynamization.
Director General of Taxes Bimo Wijayanto mentioned that dynamization has been carried out in accordance with ITA 25 of the Income Tax Law.
According to Bimo, the DGT is authorized to adjust the amount of ITA 25 installments paid by taxpayers this year. This is because the current installments are typically calculated based on the taxpayer's financial reports from the previous year.
Therefore, for the current year, the DGT will adjust ITA 25 installments because the assumptions used differ from this year's realization, specifically due to irregular income.
"The adjustment of the installment amount is in response to income patterns that differ from the previous year," Bimo explained.
He cited examples where dynamization is applied when a taxpayer's business activities have changed or when there is a significant business increase.
The hope is that this adjustment will bring the Income Tax Article 25 installments closer to the actual tax amount owed. Consequently, the risk of underpayment when the taxpayer files their annual tax return is reduced. (ASP/KEN)
