Tax receipts reach 60.9% of target

Jakarta (ANTARA News) - Tax receipts in the eight months through August reached 60.9 percent of the target of Rp878.7 trillion set under the revised 2011 state budget, a Finance Ministry official said.

State revenues from income tax and value added tax reached 58.4 percent and income tax on non-oil/non-gas commodities 53.4 percent of the target, acting chief of the Fiscal Policy Board at the Finance Ministry Bambang Brodjonegoro said at a hearing with the House of Representatives (DPR) Commission XI here on Monday.

"What we are concerned about is state revenues from value added tax and luxury sale tax which only reached 52.7 percent of the target," he said.

However, he added customs and excise receipts were far higher than the overall tax receipts, reaching 75 percent of the target of Rp115 trillion set under the revised 2011 state budget.

Among customs and excise revenues, export tax gave the greatest contributions to the state receipts, reaching 80 percent of the target of Rp25.4 trillion, he said.

He said excise receipts reached 70 percent of the target of Rp68.1 trillion and import duties 74 percent of the target of Rp21.5 trillion.

"Overall, tax receipts in the year to August 2011 rose 19.5 percent compared to the same period in the previous year," he said.

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