Indonesia tax amnesty policy on Indonesia-Singapore economic relation

Tax evasion is a severe problem for a country, every year the country loses a large amount of revenue due to citizens somehow avoiding paying the tax. To solve the issue of tax evasion, many countries have to implement tax amnesty programs. In Indonesia, tax amnesty program was executed on July 2016 until March 2017. The main agenda under Sri Mulyani as the current Indonesia Ministry of Finance, suggests the implementation of tax amnesty program, the purpose this program is to bring back the Indonesian money from the abroad and to increase the number of taxpayers. The government's efforts to attract Indonesian citizens through the tax amnesty scheme seem to make many people feel anxious. Especially for those who would prefer investing their funds in other countries such as Singapore, where even the governments are unsure about Indonesia's tax amnesty policy.

Autorentext

Gabriella Fardhiyanti is now doing her Ph.D. program at Taylor's University, Malaysia. in tourism majors and ASEAN issues, she also a lecturer, researcher and conference paper reviewer. her area of interest history, tourism policy, economics, and politics of ASEAN.