Bisnis, JAKARTA — The Directorate General of Taxes remains optimistic about achieving the tax revenue target of IDR 1,988.9 trillion as set in the 2024 APBN, despite the predicted shortfall in the latest outlook presented by Minister of Finance due to weakening commodity prices.
Optimism Prevails amid Tax Revenue Shortfall Threat
Two factors contributed to the decline in tax revenues last semester: an increase in domestic value-added tax (VAT DN) refunds and a decrease in corporate income tax (PPh).
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