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Banks offer redemption fees credit

Rabu, 07 September 2016 / 08:31 WIB

Banks offer redemption fees credit

JAKARTA. Good news for those who want to join tax amnesty. Recently, numbers of banks are preparing a credit program for tax amnesty’s redemption fees. In other words, tax amnesty participants can apply a credit to bank as a method of settling the redemption fees.

This opportunity can be an alternative option for taxpayers who have to pay large amount of fee but do not have adequate cash to settle their obligations in a short period of time.
As is known, the government is targeting IDR165 trillion of revenue from tax amnesty program.

Domestic banks have seen the huge potential to design a credit program to channel the redemption fees of tax amnesty. One of the banks, BCA is now preparing to allocate capital to fund the redemption fees settlement. BCA estimates that this program will be attractive for taxpayers. However, the bank has not yet decided the scheme and the amount of interest rate of the credit.

Director of BCA, Suwignyo  said that the program will provide convenience for tax amnesty participants to settle their obligations and he projected that other banks will design the similar credit program.

Main Director of BCA Jahja Setiaatmadja said that BCA will allocate large amount of funds to facilitate the credit program. However, the bank will allocate the credit only to customers with good track record.

Financial Director of Bank Tabungan Negara (BTN) Iman Nugroho Soeko also said that the bank is eyeing at the potentials of redemption fees credit. BTN claims to have multi-purpose credit, including for a purpose of settling redemption fees. However, customers have not yet applied for credit to settle the redemption fees.

Main Director of Bank Panin Herwidayatmo said that some customers have asked for credit for settling redemption fees of tax amnesty. However, the bank has not yet provided the type of credit.

Director of Treasury and International Affairs of Bank Negara Indonesia (BNI) Panji Irawan said that BNI is still considering creating a credit program for facilitating the settlement of tax amnesty’s redemption fees.

Director General of Taxation Affairs Ken Dwijugiasteadi sees the redemption fees credit program as an opportunity for taxpayers to settle their obligations, on the grounds that currently banks have sufficient liquidity and credit interest rate remains at low level.(Translator: Muhammad Farid)


Reporter: Adinda Ade Mustami, Galvan Yudistira, Laurensius Marshall Sautlan Sitanggang, Nina Dwiantika, Shuliya Indriya Ratanavara
Editor: Barratut Taqiyyah
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