Surprising resultAt the end of the

Surprising result
At the end of the first round of the tax pardon program (July-Sept. 2016), the country saw declared assets of Rp 3,622 trillion. Previously, JP Morgan predicted new asset declaration would be less than Rp 2,000 trillion by the end of the third round of the program in March 2017.

Looking at the result of the first round of the program, it seems like the brokerage house will have drastically revise their projection.

In addition, the government also received additional state revenues from the redemption fee, worth Rp 97.2 trillion. The figure covers 58 percent of the target of the program, which has been set at Rp165 trillion by March 2017.

Amid the eye-opening result of the first round of the program, which led to rupiah appreciation, the foreign investors have enjoyed double gains.

They will potentially score an extra gain in the future if they invest in the Indonesian stock market for at least one year ahead after the announcement of the final result of tax amnesty and the program takes effect in the real sector

Hasil (Bahasa Indonesia) 2:

Hasil mengejutkan
Pada akhir babak pertama dari program pengampunan pajak (Juli-September 2016), negara lihat menyatakan aset Rp 3.622 triliun. Sebelumnya, JP Morgan diprediksi deklarasi aset baru akan kurang dari Rp 2.000 triliun pada akhir putaran ketiga program tersebut pada Maret 2017.

Melihat hasil putaran pertama program ini, tampaknya seperti rumah broker akan memiliki drastis merevisi proyeksi mereka.

Selain itu, pemerintah juga menerima pendapatan negara tambahan dari biaya penebusan, senilai Rp 97200000000000. Angka tersebut mencakup 58 persen dari target program, yang telah ditetapkan pada Rp165 triliun pada bulan Maret 2017.

Di tengah hasil yang membuka mata dari putaran pertama program, yang menyebabkan penguatan rupiah, investor asing telah menikmati keuntungan ganda .