Copying and distributing are prohibited without permission of the publisher

Indonesia: New policy to allow tax authorities to access banks’ taxpayer data

28 February 2017

Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.


Karyadi-Freddy Oct16
Freddy Karyadi Danny Tanuwijaya

As the tax amnesty period comes to an end soon, the Indonesian tax authority has prepared its next plan to improve tax revenue and tax compliance.

The tax authority intends to focus on taxpayers who have not participated in the tax amnesty but have not declared all of their taxable assets. One of the mechanisms the tax authority plans to use to detect undeclared assets is to access taxpayer data in banks in Indonesia.

On January 6 2017, the Minister of Finance issued the Minister of Finance Regulation No. 12/KMK.03/2017 on the Stipulation of Application, Application Procedures, Electronic Official Scripts, and Special Code for Official Scripts, Electronic Application for the Disclosure of Bank Secrecy (MoF Regulation 12/2017).

MoF Regulation 12/2017 introduced an electronic application called "Akasia" as the way to apply the request for the disclosure of bank secrecy for taxation purposes. Bank secrecy under MoF Regulation 12/2017 has a broad meaning, where it has been defined as anything related to information on the depositor and his/her savings.

As background, a bank is a third party that establishes a relationship with taxpayers and is bound with confidentiality obligations. For the purposes of inspection, preliminary evidence assessment, the investigation of a tax crime, tax billing, and objection processes, then such confidentiality obligations are abolished through a written request from the Minister of Finance to the Chairman of the Board of Commissioners of the Financial Services Authority.

A written request is based on the proposal from the Directorate General of Taxation and can be submitted through an electronic application. Akasia is introduced to serve this purpose and is expected to provide legal certainty and encourage the acceleration and increase of effectiveness in requesting the information or evidence from banks by replacing the previous manual process.

Akasia is an information system software for the management of the application for the disclosure of bank secrecy, which is network-based, to record, upload supporting documents, give approval, and print the request for the disclosure of bank secrecy, and as the means for information and monitoring the request for the disclosure of bank secrecy.

Freddy Karyadi (fkaryadi@abnrlaw.com) and Danny Tanuwijaya (dtanuwijaya@abnrlaw.com), Jakarta
Ali Budiardjo, Nugroho, Reksodiputro, Law Offices
Tel: +62 21 250 5125
Website: www.abnrlaw.com






International Tax Review Profile

RT @BrigitteAlepin: So proud of the new book WINNING THE TAX WARS. Bringing together well-known tax experts, this book presents outstanding…

Dec 7 2017 04:08 ·  reply ·  retweet ·  favourite
International Tax Review Profile

REVEALED: The top 10 of ITR's #GlobalTax50 2017 is out now. Find it here: https://t.co/IXiaRrE3vH (subscription or free trial required)

Dec 7 2017 01:42 ·  reply ·  retweet ·  favourite
International Tax Review Profile

ITR has opened the submissions period for the European Tax Awards 2018. Full details here: https://t.co/WKBWijhBgt

Dec 6 2017 01:40 ·  reply ·  retweet ·  favourite
International Tax Review Profile

@aloysrigaut @AuroChardon @ElodieLamer @JeanComte @diego_bxl @bsmithmey @afpfr @pierremoscovici @EU_Taxud @EU2017EE… https://t.co/oS4sDvQtdL

Dec 5 2017 04:55 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @AuroChardon: Is this it? https://t.co/O1XhoWQw2F 17 #taxhavens, mostly tiny countries or emerging economies on the #EUblacklist? ❌Swit…

Dec 5 2017 02:25 ·  reply ·  retweet ·  favourite
International Correspondents