Reducing Government Tax Incentives
The low utilization of tax incentives in the business world last year made the government reduce tax incentives for this year. Finance Minister Sri Mulyani Indrawati said the reduction of tax incentives was accompanied by a number of changes in the allocation of tax incentives.
"Tax Subsidies we derived based on the number of really ready to be absorbed. Since 2009 many who requested but did not realized. Rather than later cause as if we gave it a great stimulus to stimulus distimulus not or did not need," she sighed, as found in the Office of the Ministry of Finance, Jakarta, Friday (5/3/2010).
In the document Finance and Budget Memorandum-P 2010, stated the budget allocation for the tax subsidy is reduced 3.3 percent or Rp 554.2 billion to Rp 16.31 trillion in 2010-P Proposed Budget of the previous budgeted Rp 16.87 trillion in APBN 2010. For facilities duties borne by the government (DTP-BM) was reduced by Rp 1 trillion, from Rp 3 trillion to Rp 2 trillion.
Reductions and reallocation also happen to post the value added tax borne by the government (tax-DTP) biofuels (BBN) of Rp 900 billion to post income tax (PPh) DTP BBN to only Rp 100 billion. VAT DTP for added cooking oil instead of Rp 240, 8 billion so that the VAT DTP imports of cooking oil and wheat / flour to Rp 1.09 trillion.
In addition, there is the addition of two new facilities of Income tax-DTP to transfer transactions of land and buildings from the Sidoarjo mud victims Minarak PT Lapindo Jaya is Rp 205 billion and VAT DTP program adaptation and mitigation of climate change Rp 900 billion.
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