Indonesia tax office eyes exit from Finance Ministry amid probe

  • 📰 staronline
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

Sources said a majority of tax officials support the plan that would remove the agency from under Finance Minister Sri Mulyani Indrawati’s watch.

A majority of tax officials support the plan that would remove the agency from under Finance Minister Sri Mulyani Indrawati’s watch, said the people, who asked not to be named, as they’re not authorised to publicly discuss the matter. The move would likely need approval from parliament and from President Joko Widodo to be realised.

Mulyani is already battling a crisis of confidence on two fronts as the government starts an investigation into more than $20 billion in suspicious transactions that the state watchdog found at her ministry. The finance minister has over the past few years focused on building the public’s trust in order to improve tax compliance, which remains among the lowest compared to peers.

The tax office is currently focused on institutional reform to become"strong, credible and accountable” through five pillars including structural, human resources and database improvement, said spokeswoman Dwi Astuti in response to Bloomberg questions on the plan.The plan to split from the ministry has taken on more urgency recently as tax officers are concerned after hearing the parliament may form a special panel to investigate them, said the people.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ministry of Finance to redraft policy on Wang Ehsan payments to Kelantan, TerengganuKUALA LUMPUR, March 27 — The Ministry of Finance (MOF) is redrafting the policy and scope of “wang ehsan” or goodwill payments to the Kelantan and Terengganu state...
Source: malaymail - 🏆 1. / 86 Read more »

Finance Ministry to redraft ‘wang ehsan’ policy | The Malaysian InsightIt will ensure goodwill payments are in line with national agenda for poverty reduction in Kelantan, Terengganu.
Source: msianinsight - 🏆 8. / 63 Read more »

Finance Ministry: Govt rules out debt monetisation to increase revenueKUALA LUMPUR, March 27 — The government has no intention to use debt monetisation financing strategy as one of the ways to increase government revenue, said the Ministry of...
Source: malaymail - 🏆 1. / 86 Read more »