Tag
#Tax Refund (Restitution)
Showing 1-18 of 18 items
articleDGT Applies Substance Over Form Principle to the 80% Refund Threshold
PMK 28/2026 sets an 80% threshold for low-risk VAT taxpayers to qualify for accelerated tax refunds based on the substance over form principle.
Jul 17, 2026
articleDeferral of Tax Refunds: Between Fiscal Stability and Business Pressure
The deferral of tax refunds raises concerns over business liquidity and legal certainty, prompting calls for balanced fiscal policy solutions.
Jul 6, 2026
articleSuryacipta & MUC Consulting Share Insights on Preliminary Tax Refund Rules
PT Suryacipta and MUC Consulting held a hybrid seminar on MoF Regulation No. 28/2026, discussing preliminary tax refund procedures.
Jun 23, 2026
articleDGT Tightens Preliminary Tax Refunds, Focuses on Compliant Taxpayers
Starting May 1, 2026, the government will tighten tax refund policies. The Directorate General of Taxes (DGT) will focus on compliant taxpayers, with stricter selection mechanisms and clearer completion timelines.
Apr 20, 2026
articleEasing Cash Flow Pressure through Certificate of ITA 22 Exemption
ITA 22 withholding mechanism often creates cash flow pressure for companies. An SKB for ITA 22 can serve as a solution to help maintain liquidity.
Mar 6, 2026
articleRefunds Weigh on Revenue, Government to Review Regulations
Tax refunds totaling IDR 361 trillion in 2025 have put pressure on state revenue. The government plans to review refund regulations to strengthen oversight without reducing taxpayers’ rights.
Feb 12, 2026
articleIDR 361 Trillion in Tax Refunds Disbursed, Purbaya Withholds Remaining IDR 7 Trillion
The realization of tax refunds in 2025 reached IDR 361 trillion. Finance Minister Purbaya stated that the government only withheld around IDR 6–7 trillion amid pressure on state revenue.
Feb 9, 2026
articleTax Refunds Increase 36.4% as of October 2025
DGT recorded a surge in tax refunds, reaching IDR 340.52 trillion as of October 2025. Learn more about the details behind the increase in Income Tax and Value-Added Tax (VAT), as well as the implications for the economy.
Nov 25, 2025
articleTax Refund Soars 40.3% as of August
The value of tax refunds as of August 2025 rose by 40.3% to IDR 304.3 trillion. This surge impacted tax revenue realization, which fell by 5.1% year-on-year.
Oct 3, 2025
articleProvisions on Preliminary Restitution for Collective Investment Contracts Amended
The DGT issues PER-16/PJ/2025, the latest 2025 tax refund regulation for low-risk taxpayers, including collective investment contracts.
Aug 22, 2025
articleTax Refunds Reach IDR 111.04 Trillion as of February 2025
The Directorate General of Taxes (DGT) recorded a surge in tax refunds, reaching IDR 111.04 trillion by the end of February 2025, a significant increase from IDR 57.5 trillion in the previous year.
Mar 16, 2025
articleTax Refund Soars 52.8% YoY as of August
The amount of refunds of tax overpayments or restitution until the end of August 2024 surged by 52.8% to IDR 216.85 trillion compared to the same period in 2023 or year on year (YoY).
Oct 1, 2024
articleTax Revenue Depleted: Tax Restitutions Increase 81.67% by April 2024
The value of tax restitution until the end of April 2024 was recorded at IDR 110.64 trillion, up 81.67% year on year (YoY). Restitution is a refund of tax overpayments made by taxpayers.
Jun 10, 2024
articleCausing Tax Revenue to Plummet, Here is the Restitution Realization in the First Quarter of 2024
The restitution or refund of tax overpayments during the first quarter of 2024 reached IDR 83.51 trillion. This is considered to be the cause of the plummeting realization of tax revenue
May 6, 2024
articleTaxpayers' Cashflow Needs Surge: January 2024 Restitution Rose 183%
The amount of tax refund or restitution during January 2024 rose sharply by 182.7% compared to the same period in 2023 to IDR 30.88 trillion.
Mar 5, 2024
articleDGT: 5,652 Taxpayers Receive Accelerated Restitution
Until the end of August 2023, the number of taxpayers (WP) who have received refunds or accelerated tax overpayments is 5,652.
Sep 26, 2023
articleEconomy Recovers, Tax Restitution Drops 2.87% in July
The realization of tax overpayment or restitution decreased by 2.87% at the end of July 2022 compared to the same period last year or year on year (YoY). The amount of restitution realized by the end of July 2022 was recorded at IDR 124.59 trillion.
Aug 15, 2022
articleDGT Removes VAT Foreign Tourist Refund Service at the Airport
The Directorate General of Taxes (DGT) has removed the Value Added Tax (VAT) or VAT Refund requesting service for the luggage of foreign tourists' personal luggage at the airport. This is done to minimize the risk of transmission of Corona Virus Disease 2019 (Covid-19)
Mar 26, 2020
