This shows a relatively significant and stable rise in tax receipts. The tax receipts reflect economic development.Jakarta (ANTARA) - Indonesia's tax receipts reached Rp557.77 trillion in the first half of 2021, accounting for 45.36 percent of the target of Rp1,229.6 trillion, a Finance Ministry official said.
The tax receipts in the first half reflected a 4.9-percent increase compared to receipts of Rp531.77 trillion recorded in the year-ago period, the Finance Ministry's expert staff for tax compliance, Yon Arsal, disclosed at an online discussion in Jakarta on Wednesday.
"This shows a relatively significant and stable rise in tax receipts. The tax receipts reflect economic development," he observed.
Tax receipts have begun to enter a positive zone after contracting 12 percent year on year in the first half of 2020 on account of the COVID-19 pandemic, he said.
"The drop was very large. Compared to the onset of the pandemic last year, we have begun to enter the positive zone," he remarked.
In terms of the types of taxes, only income tax in the non-oil/non-gas sector fell by 2.91 percent in the first half of 2021, he informed. Income tax receipts from the sector reached Rp303.17 trillion, or 47.52 percent of the target, he said.
Meanwhile, value added tax and luxury sales tax, property tax, and income tax from the oil and gas sector grew by 14.84 percent, 22.69 percent, and 23.54 percent respectively, in the first half of 2021, he added.
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Value added tax and luxury sales tax receipts in the first half of 2021 reached Rp217.66 trillion, or 41.98 percent of the target. They grew 14.84 percent compared to Rp189.53 trillion in receipts recorded in the same period of last year, Arsal said.
Meanwhile, property tax and other tax reached Rp14.63 trillion, or 53.67 percent of the target, reflecting a 22.69-percent increase compared to Rp11.93 trillion recorded in the same period last year, he added.
Income tax from the oil and gas sector reached Rp22.31 trillion, or 48.74 percent of the target, to show a growth of 23.54 percent from Rp18.06 trillion recorded in the corresponding period of last year, Arsal said. (INE)
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Translator: Astrid Faidlatul H/Suharto
Editor: Fardah Assegaf
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