Singapore as one of the “Tax Haven” (tax haven) is now helpless faced policy “Tax Amnesty” by President Joko Widodo.
Talking about “Tax Amnesty” may be unfamiliar to some people among us, but actually it’s been a long discourse by the previous government but always failed.
Why can ‘fail’?
That’s because the current government and the legislator, namely, members of Parliament who are reluctant to approve “the bill Tax Amnesty”. As a result, there is no legal certainty, entrepreneurs or participants Tax Amnesty also reluctant to follow because of the lack of confidence in the government.
Diera president, 10-year “tax amnesty” only discourse and discourse.
The entrepreneurs were very clever, they were able to read the potential advantages and disadvantages if the money they brought to Indonesia. In this case, the money they would be used for a variety of things, for example, included in securities, and other infrastructure development to boost the economy of Indonesia.
Well, the lack of confidence is not without reason, we have encountered many infrastructure development neglected in the previous era, as well dg legal certainty that is still a question mark. You know yourself Century Bank case, how much money customers who disappeared and has not returned?
If the government failed to realize the “Tax Amnesty” and withdraw repartiasi, it is not for the President Joko Widodo. Presdien present to give a “Win-win solusion” and legal certainty with disahkanya Tax Amnesty Bill by the House of Representatives plenary trial.
Legal certainty about the Tax Amnesty Bill is very important, and the government is also committed to the improvement of development in various sectors, ranging from infrastructure development, to reform the legal system. So natural that the participants flocked tax amnesty will move their money into Indonesia because awakened “trust” of the current government.
Just imagine, Singapore to seek to ‘tackle’ Jokowi dg policy incentives and the lure of 4% bank interest so that the money deposited in Singapore citizen who is not moved. Not secret that a lot of money these guys Indonesia Saved in Singapore, even according to the finance minister, Bambang Brodjonegoro, there are more than Rp 4,000 trillion.
“Tax Amnesty is ‘Hell’ for Singapore
Imagine if that kind of money flock to Indonesia. Singapore will be helpless, because during this rich Indonesia actually is, not Singapore.
Predicted Singapore will start the credit crunch and the near bankruptcy facing President Jokowi.
