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The Average SOE's Tax Payment Reaches IDR 151.8 trillion per Year

Tuesday, 09 February 2021

The Average SOE's Tax Payment Reaches IDR 151.8 trillion per Year

JAKARTA. Over the past ten years, from 2010 to 2019 the value of taxes paid by State-Owned Enterprises (SOEs) reached IDR 1,518 trillion, or an average of IDR 151.8 trillion per year.

The highest deposit value occurred in 2016, reaching IDR 197 trillion and the lowest in 2019, at only IDR 189 trillion.

Not only recorded the lowest trend, tax revenue in 2019 also contracted compared to 2018 of 2.07%.

Quoting Kontan.co.id, tax contributions from state-owned companies were one of the causes for the low revenue in 2019 due to a reduction in the number of SOEs, from 145 in 2010 to 117 companies.

However, the government is not worried that such a condition could affect the total state revenues.

Read: 2021, Hopes and Worries for Indonesian Taxes

Because apart from taxes, state-owned companies also contribute to state revenue through dividends distributed as well as other non-tax revenues (PNBP).

Total dividends given to the government in the period reached IDR 377 trillion, state capital injection (PMN) IDR 186.47 trillion and retained earnings of IDR 1,215 trillion.

As well, the role of SOEs is not limited to being a source of revenue. Furthermore, SOEs are positioned as a means of boosting the economy.

Taxation Data Exchange

In fact, DGT and some state-owned companies have collaborated in the form of exchanging financial information for taxation purposes in data integration programs.

Data exchange cooperation is carried out gradually with several SOEs that are considered ready, since last year.

This data integration program is implemented by three methods. First, by means of host-to-host, then through a joint operation between SOE and Application Service Providers (PJAP) and finally SOEs that have been designated as Application Service Providers (PJAP).

 




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