reporter: The Greatest | Editor: Tri Sulistiowati
KONTAN.CO.ID-JAKARTA. The government, through the Ministry of Finance (Kemenkeu), claims to be opening up opportunities to implement wealth tax (wealth tax).
However, Tax Compliance Expert Staff Yon Arsal said that this step requires a long process and thorough study.
"I would say that we have a direction (for the implementation of wealth tax) for sure. But of course the introduction of a new type of tax is certainly not simple," said Yon in a discussion event at the Ashley Wahid Hasyim Hotel Jakarta, Tuesday (27/5).
Yon emphasized that introducing a new type of tax is not a simple matter and requires a long process.
"For example, today we want to impose a tax, then tomorrow we issue a new regulation. Of course, that's not the model," he explained.
He emphasized the importance of the stages of the process, starting from research, public consultation, to discussions with the Indonesian House of Representatives (DPR RI).
Because, if wealth tax (wealth tax) categorized as a new type of tax, then its regulations must be regulated in the Law (UU).
Although discussions on wealth tax have also emerged in international forums, he said the government is still prioritizing caution. Yon emphasized the need for a study cost benefit analysis and a comprehensive evaluation of existing tax burdens.
Yon emphasized that the government is not turning a blind eye to the idea of a wealth tax, but ensures that every step will be taken in a measured and inclusive manner.
"So it's not that we don't have a direction to go there. But of course, to introduce a new type of tax, it certainly takes time to introduce it," he concluded.
On the same occasion, the Center for Indonesian Law and Budget Studies at the Indonesian Fair Tax Forum (FPBI) Yenti Nurhidayat encouraged the government to implement wealth tax as an alternative tax instrument contributing to state revenue.
"They get easy access, Privilege to be involved in the management of state assets and so on. But then it turns out that there is no tax imposed or there has not been any tax imposed that leads to the wealth tax," said Yenti.
In the published report PRAKARSA and FPBI, wealth tax in Indonesia is proposed to be imposed on individuals with a net worth of more than US$ 10 million or equivalent to Rp. 155 billion.
The proposed rate is progressive, ranging from 1% to 2%. The wealth subject to taxation includes various types of assets, including savings, current accounts, stocks, deposits, precious metals, inheritances, donations, grants and capital gains.
Assuming that around 4.600 Indonesians have wealth above US$ 10 million or Rp 155 billion (the wealth that is the limit for wealth tax rates), then the potential wealth tax is estimated to range between Rp 54 trillion and Rp 155,3 trillion for a single imposition.
Sumber: Kontan.co.id