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Tax revenues may reach Rp 1,000t target by 2013.
from THE JAKARTA POST -- TUESDAY, FEBRUARY 23, 2010 The government will intensify efforts to achieve a tax revenue target of Rp 1,000 trillion (US$108 billion) by 2013, which will account for the larger part of state revenues, the Finance Ministry said.
The calculation of the Rp 1,000 trillion figure is based on an estimate of tax growth of 19.7 percent annually and an assumption that the economy will grow by 6.4 percent on average between 2010 and 2013 - Director General of Taxation M. Tjiptardjo said Monday in a seminar on "Dissecting the 2010 State Budget" at the ministry.
"The average natural growth of tax revenue in four years (2010-2013) is 12 percent. The …
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