Tag
#Tax Expenditure
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articleGovernment Projects 2025 Tax Expenditure to Rise 11.4%
The government estimates that the value of tax expenditure in 2025 will reach IDR 445.5 trillion, an increase of 11.4% from the 2024 tax expenditure projection of IDR 399.9 trillion.
Aug 26, 2024
articleThe Report Released, The 2022 Tax Expenditure Increase 4,4%
The Ministry of Finance's Fiscal Policy Agency (BKF) announced that Indonesia's tax expenditure in 2022 increased by 4.4% compared to 2021 to IDR 323.5 trillion. The amount equals 1.65% of Indonesia's Gross Domestic Product (GDP).
Jan 2, 2024
articleThe Value of Tax Expenditure is Not Comparable to The Increase in Investment
Last year, the realization of tax expenditure to improve the investment climate was recorded to be up 14.21% from the realization in 2020. Meanwhile, the realization of investment throughout 2021 was recorded to only grow 8.91% to IDR 826.3 trillion.
Aug 24, 2022
