Most Participants in the Voluntary Disclosure Program “Keep” Their Assets in Singapore

A total of 7,997 taxpayers declared assets that had been in Singapore.

Minister of Finance (Menkeu) Sri Mulyani Indrawati said Singapore was the majority country participating in the Voluntary Disclosure Program (PPS) that disclosed their assets abroad. A total of 7,997 taxpayers declared assets that had been in Singapore.

"In Singapore, the majority, even Rp 56.96 trillion, are those whose assets are in Singapore with 7,997 taxpayers participating. From this Rp. 56.96 trillion, we get Rp. 7.29 trillion of PPS receipts," he said in a video conference, Friday, July 1, 2022. .

Based on the amount of income tax paid, the second largest country is the British Virginia Islands, namely the income tax of Rp. 601.9 billion. There are 50 taxpayers with declared assets reaching Rp4.97 trillion in one of the countries known as this tax haven.

Then in Hong Kong, as many as 432 taxpayers disclosed assets of IDR 3.58 trillion with income tax of IDR 440.71 billion, from Australia there were 1,154 taxpayers with assets of IDR 2.76 trillion and income tax of IDR 372.14 billion, China had 332 taxpayers with assets of IDR 1. 51 trillion and PPh Rp180.63 billion.

Furthermore, there are assets in Malaysia of IDR 1.18 trillion belonging to 422 taxpayers with income tax payments of IDR 162.24 billion, in the United States there are 399 taxpayers who have assets of IDR 1.27 trillion with income tax of IDR 160.39 billion, India there are 141 taxpayers with assets disclosed Rp417.47 billion and income tax of Rp59.01 billion.

From Switzerland there are 45 taxpayers with declared assets of IDR 342.74 billion and income tax deposits of IDR 49.1 billion, from the United Kingdom there are 120 taxpayers with assets of IDR 357.79 billion and income tax of IDR 42.48 billion, from the US Virginia Islands tax haven there are three taxpayers with assets of IDR 326.21 billion and income tax of IDR 29.04 billion.

Then from Canada there are 63 taxpayers with assets of IDR 177.12 billion and income tax of IDR 26.7 billion, the Cayman Islands have 135 taxpayers with assets of IDR 147.05 billion and income tax of IDR 24.19 billion, the Philippines has 16 taxpayers with assets of IDR 164.26 billion. and Income Tax of Rp. 22.97, and in the United Arab Emirates there are 26 taxpayers with assets of Rp. 121.46 billion and PPh of Rp. 22.97 billion. (Ministry of Finance, antara)

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