#Voluntary Disclosure Program (VDP)

By the end of September 2023, Government Securities Absorbed 46% of VDP Investment Commitments

As of 30 September 2023, the total investment realization of the Voluntary Disclosure Program (VDP) participants was recorded at IDR 10.32 trillion. This amount is around 46% of the value of investment commitments in the implementation of the VDP which ended on 30 June 2022 amounting to IDR 2.34 trillion.

Oct 11, 2023

Realization is Still Low, DGT Follows Up Investment Commitment of VDP Participants

The Directorate General of Taxes (DGT) will follow up on the implementation of the Voluntary Disclosure Program (VDP), especially regarding investment and repatriation commitments, whose deadline has expired on 30 September 2022.

Oct 10, 2022

Until August, Additional Tax Revenue from the HPP Law Amounted to IDR 31.15 trillion

The policy that contributed the most to additional state revenue came from VDP, which succeeded in increasing revenue from final income tax payments by IDR 61 trillion.

Oct 7, 2022

Setting a Record, Special Government Debt Securities Transactions for VDP Period IV Reach IDR 1.5 trillion

Previously, the government through the Directorate General of Budget Financing and Risk Management (DJPPR) had carried out three SUN placement transactions, the first period on 4 March 2022, the second period on 21 April 2022, and the second period on 29 June 2022.

Aug 26, 2022

VDP Officially Closed, Net Assets Revealed Amounted to IDR 594.82 trillion

Sri Mulyani also emphasized that VDP is the last amnesty program given by the government to taxpayers who commit tax violations.

Jul 1, 2022

The Final Month of VDP, Number of Participants Surged

According to the records of the Directorate General of Taxes (DGT) in just 15 days in June, the number of participants who took part increased by 32.000 taxpayers. In fact, the average number of participants per month during January-May was only 11.0000 taxpayers.

Jun 16, 2022

Sending Letter to Taxpayer, DGT Promises No More Tax Amnesty

Jan 19, 2022

DGT Will Write to Taxpayers to Participate in VDP

Jan 6, 2022

Voluntary Disclosure Program Technical Rules are Released, Here are the Highlights

VDP is an advanced program of a tax amnesty program that rolled out in 2016-2017 which will last for six months, from 1 January 2022- 30 June 2022.

Dec 30, 2021

Intending to repatriate assets through Tax Amnesty II? Read the Terms!

For taxpayers who have assets abroad, apart from being able to disclose or declare assets, they can also bring them to Indonesia through an asset repatriation scheme.

Dec 28, 2021

Intending to reveal assets through VDP? This is How To Calculate The Final Income Tax

If you have assets acquired before 2020 that have not been reported in the tax return, it can be disclosed through VDP without worrying about being subject to administrative sanctions or fines.

Dec 27, 2021

The Participants of Tax Amnesty Vol. II Cannot Correct Inheritance in Tax Return

Dec 24, 2021

DGT Prepares Special Application for Tax Amnesty Volume II

The application can make it easier for taxpayers who will disclose property through the VDP program, which runs from 1 January to 30 June 2022

Dec 23, 2021

Socializing Tax Amnesty, Government Again Alludes to 200% Sanction and Data Control

Similar to the implementation of the first volume of the tax amnesty in 2016-2017, this time the government also mentioned that there is the sanction of 200% if in the future it is found that there are taxpayers who own assets but have not disclosed them in the annual tax return.

Dec 17, 2021

Prior to Tax Amnesty Implementation, The IT Devices are Not Ready

The available time is less than a month before the Voluntary Disclosure Program (VDP) takes effect, but the supporting devices are not yet ready.

Dec 7, 2021

Tax Amnesty II : Beware of Dishonest Taxpayers

The audit-free guarantee potentially opens a loophole for taxpayers dishonest taxpayers to outwit voluntary compliance by being dishonest in reporting assets to avoid lengthy and grueling tax audits.

Dec 6, 2021

Tax Amnesty Repatriated Fund Becomes an Additional Capital for Participating Companies

The government is currently considering opening up opportunities for the placement of repatriated funds in the ongoing business activities of taxpayers participating in VDP.

Nov 30, 2021

Being Audited, Taxpayers Cannot Join the Voluntary Disclosure Program

Nov 24, 2021

Accommodating Repatriation Funds, The Government Prepares Special State Securities

To accommodate repatriated funds in the voluntary disclosure program or tax amnesty volume II, the government will issue special state securities (SBN).

Nov 1, 2021