Friday, July 25, 2025
No Result
View All Result
Indonesia Sentinel
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
No Result
View All Result
Indonesia Sentinel
No Result
View All Result
ADVERTISEMENT
Home Economic

Indonesia Lost Rp 300 Trillion in Revenue due to Tax Evasion by 300 Business Tycoons.

by Raidi
2024-10-12
in Economic
A A
Tax Evasion

Pinterest

Share on FacebookShare on TwitterShare on Whatsapp
ADVERTISEMENT

Jakarta, Indonesia Sentinel — Hashim Djojohadikusumo, the Deputy Chairman of the Gerindra Advisory Board, has disclosed tax evasion done by 300 business tycoons, causing a significant loss to the nation’s revenue. The estimated shortfall from unpaid taxes totals Rp 300 trillion (approximately $19 billion).

According to Hashim, Prabowo is already in possession of the names of these tax-delinquent business owners. This information was provided by Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan and the head of Indonesia’s Financial and Development Supervisory Agency (BPKP), Muhammad Yusuf Ateh. The data was further corroborated by the Ministry of Environment and Forestry (KLHK).

“This data comes from BPKP, and it has been confirmed by the Ministry of Environment and Forestry that millions of hectares of forest areas have been illegally occupied by rogue palm oil plantation owners. Despite warnings, they have yet to pay their taxes,” Hashim said during a discussion with the Indonesian Chamber of Commerce and Industry (KADIN), as quoted by Detik on Saturday, October 12.

RelatedPosts

Prabowo’s Growth Agenda Confronts $20 Billion Budget Shortfall in 2025

Indonesia to Launch “Family Office”, Expected to Run in February 2025

“We have gathered data showing up to Rp 300 trillion in unpaid taxes. This data has been compiled by the government. Prabowo already has a list of over 300 names. I didn’t see any KADIN members on the list, but I will check again,” Hashim added.

ADVERTISEMENT

Illegal Palm Oil Plantations

Hashim stated that these rogue business owners have established illegal palm oil plantations on millions of hectares of forest land. As a result, tax revenue from these plantations has not been collected by the state.

“There are millions of hectares of forest land illegally occupied by rogue palm oil plantation owners. They have been warned, but as of now, they have not paid their taxes,” he said.

Jusuf Kalla Warns of Political Consequences Over Education Budget Cuts in Indonesia

The issue of financial leakage has been a recurrent theme in Prabowo Subianto’s political campaigns, dating back to his 2014 presidential run. At that time, Prabowo frequently raised concerns about the nation’s budget losses, which even led to being mocked and overly criticized due to his focus on leakage in state revenue.

Plan to Establish a Ministry of State Revenue

One of Prabowo’s key strategies to address these fiscal issues is the creation of a Ministry of State Revenue, a move aimed at improving tax collection and tackling tax evasion. Earlier reports suggested that Prabowo intended to establish a State Revenue Agency, but recent developments indicate that this will now take the form of a full-fledged ministry.

“There is Asta Cita, the 8th point, which mentions the State Revenue Agency. This will become the Ministry of State Revenue, and the minister has already been selected,” Hashim revealed.

Prabowo’s plan is part of a broader agenda to strengthen state institutions and ensure that government revenue, particularly from critical sectors like palm oil, is properly collected and managed to benefit Indonesia’s economy.

 

(Raidi/Agung)

Tags: Business TycoonsPrabowoTax Evasion
ADVERTISEMENT

Related Posts

Indonesia Continue Negotiations with U.S., Secure 0% Import Tariffs on Several Essential Commodities

2025-07-22

Jakarta, Indonesia Sentinel -- The Indonesian government is continuing negotiations with the United States in an effort to secure zero...

Trump Tariffs

Indonesia to Buy 50 Boeing in a Deal to Avoid Trump 32% Tariffs

2025-07-22

Jakarta, Indonesia Sentinel -- Indonesia has agreed to purchase 50 Boeing aircraft from the United States as part of a...

Benchmark Interest Rate

Bank Indonesia Cuts Benchmark Interest Rate to 5,25% in July 2025

2025-07-21

Jakarta, Indonesia Sentinel -- Bank Indonesia has decided to lower its benchmark interest rate, known as the BI Rate, by...

Trump Tariff

Trump Announces 19% Tariff on Indonesian Imports, While U.S. Gains Full Access to Indonesian Resource

2025-07-17

Jakarta, Indonesia Sentinel -- U.S. President Donald Trump announced a new 19% import tariff on goods from Indonesia on Tuesday...

E-Commerce Tax

Indonesia Mandates E-Commerce Platforms to Collect Income Tax from Online Sellers

2025-07-16

Jakarta, Indonesia Sentinel -- Indonesia’s Finance Minister Sri Mulyani Indrawati has officially issued a regulation requiring e-commerce platforms to collect...

coal benchmark price

Indonesia Set July Coal Benchmark (HBA) Price at $107.35 per metric ton, Raises Nearly 9%

2025-07-15

Jakarta, Indonesia Sentinel -- Indonesia’s government has raised its coal benchmark price (Harga Batubara Acuan or HBA) for the first...

Tariff Negotiations

Indonesia to Resume Tariff Negotiations with U.S. Following 32% Reciprocal Tariff

2025-07-11

Jakarta, Indonesia Sentinel -- Indonesia is set to resume trade negotiations with the United States over the next three weeks,...

Copper Imports Tariff

Trump Proposes 50% Tariff on Copper Imports, Sending Prices to Record Highs

2025-07-11

Jakarta, Indonesia Sentinel -- President Donald Trump announced plans Tuesday to impose a 50% tariff on all copper imports into...

2026 Macroeconomic Assumptions

Indonesia Sets 2026 Macroeconomic Assumptions for Draft State Budget

2025-07-08

Jakarta, Indonesia Sentinel -- Indonesia’s government and parliament have agreed on the 2026 Macroeconomic Assumptions, which will serve as the...

Indonesia Foreign Reserves

Indonesia Foreign Reserves Rise to $152.6 Billion in June, Central Bank Reports

2025-07-08

Jakarta, Indonesia Sentinel -- Indonesia foreign exchange reserves rose slightly to $152.6 billion at the end of June 2025, according...

Load More
Next Post
Water hyacinth ceramic tiles

Undip Researchers Turn Water Hyacinth Into Innovative Noise-Reducing Ceramic Tiles

Popular

  • Mentawai Tribe

    Mentawai Tribe Tooth Sharpening Tradition as a Symbol of Beauty, Culture, and Sacrifice

    0 shares
    Share 0 Tweet 0
  • Suku Mante, Mysterious Tribe Living in the Vast Forests of Aceh

    0 shares
    Share 0 Tweet 0
  • TikTok Shop GMV 2024 Hits $32.6 Billion, Indonesia Second Largest Contributor

    0 shares
    Share 0 Tweet 0
  • Indonesia’s Life Expectancy Rises to 74.15 Years in 2024, Statistics Agency Reports 

    0 shares
    Share 0 Tweet 0
  • Indonesia Boasts an Outstanding Number of Islands, How Many?

    0 shares
    Share 0 Tweet 0

Recommended

June 2023, BNI Java Jazz is Ready to be Held

June 2023, BNI Java Jazz is Ready to be Held

2 years ago
Baby Trafficking Syndicate

Baby Trafficking Syndicate Uncovered in Depok, Selling Newborn For IDR 45 Million in Bali

11 months ago
ADVERTISEMENT

Indonesiasentinel.com is an independent online news portal committed to providing accurate, in-depth, and up-to-date news about Indonesia. Since 2021, we have been a trusted source for millions of readers seeking relevant and reliable news.

Part of:

Information Page

  • About
  • Editorial
  • Privacy Policy
  • Disclaimer
  • About
  • Editorial
  • Privacy Policy
  • Disclaimer

Contact

  • contact@indonesiasentinel.com
© 2021 Indonesia Sentinel

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science

© 2024 Indonesia Sentinel