Selasa, Agustus 28, 2018

Govt. Implements Expansive Fiscal Policy Approach for Draft Bill on the State Budget

The President of the Republic of Indonesia recently presented feedback from the government regarding the Draft Bill on the State Budget for the 2019 Fiscal Year, which sets an overall state-income target of IDR 2,142 trillion.
In order to optimize the realization of the 2019 state budget, the government has decided to implement an expansive fiscal policy approach, which, it asserts, will offer greater clarity and detail during the pursuit of the projected goals. Furthermore, the government is also hoping to increase tax compliance in the wake of the recent tax amnesty. This goal is to be achieved through the utilization of financial information/data under the Automatic Exchange of Information protocol, as well as through improvements to service quality and through fair and credible assessments.
According to public policy researchers, from a fiscal perspective, the government also needs to establish stronger foundations for the ongoing process of tax reform by accelerating the revision of the Tax Law.
For more on this story, see Hukumonline: “Ini Kata Pengamat Terkait Kebijakan Fiskal Ekspansif di RAPBN 2019”.

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The President of the Republic of Indonesia recently presented feedback from the government regarding the Draft Bill on the State Budget for the 2019 Fiscal Year, which sets an overall state-income target of IDR 2,142 trillion.
In order to optimize the realization of the 2019 state budget, the government has decided to implement an expansive fiscal policy approach, which, it asserts, will offer greater clarity and detail during the pursuit of the projected goals. Furthermore, the government is also hoping to increase tax compliance in the wake of the recent tax amnesty. This goal is to be achieved through the utilization of financial information/data under the Automatic Exchange of Information protocol, as well as through improvements to service quality and through fair and credible assessments.
According to public policy researchers, from a fiscal perspective, the government also needs to establish stronger foundations for the ongoing process of tax reform by accelerating the revision of the Tax Law.
For more on this story, see Hukumonline: “Ini Kata Pengamat Terkait Kebijakan Fiskal Ekspansif di RAPBN 2019”.

......

Subscribe to read more legal analysis.

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