Indonesia`s tax receipts reach Rp812.1 trillion

Jakarta (ANTARA News) - Indonesias tax receipts amounted to Rp812.1 trillion till November 14, accounting for 75.73 percent of the target of Rp1,072.3 trillion in the revised 2014 state budget, the Directorate General of Taxation said.

The tax receipts were higher than those in the same period last year, which stood at Rp761.7 trillion, or 76.54 percent of the target, the directorate general noted in a press statement released on Thursday.

The tax receipts worth Rp812.1 trillion included income tax on oil and gas, which reached Rp389.1 trillion, or 80 percent of the target of Rp485.9 trillion, as well as value added and sale luxury taxes, which amounted to Rp328.4 trillion, or 69 percent of the target of Rp475.5 trillion.

State revenue from oil and gas income tax stood at Rp74.5 trillion, or 88.81 percent of the target of Rp83.8 trillion, and that from land and building tax reached Rp14.9 trillion, or 68.5 percent of the target of Rp21.7 trillion. Receipts from other taxes reached Rp5 trillion, or 97.5 percent of the target of Rp5.1 trillion.

The average tax receipts in 2014 were higher than those in 2013, when income tax receipts from the oil and gas industry were recorded at Rp359.1 trillion, or 77.3 percent of the target.

(S012/INE/a014)

Reported by Satyagraha

EDITED BY INE.

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