Skalanews – Non-Governmental Organization (NGO) Publish What You Pay Indonesia asks the government to realize the rules of transparency of the actual ownership of a business entity or company in order to prevent tax avoidance.

“With regard to transparency of beneficial ownership, the government must immediately realize clearer and firmer rules to encourage this principle,” PWYP Indonesia National Coordinator Maryati Abdullah said in Jakarta on Monday (5/16).

According to Maryati, this can be done for example with provisions on the stock exchange, transparency of company ownership through the Director General of the General Law of the Ministry of Law and Human Rights, as well as through other integrated government regulations such as the application of the “Single Identity Number” (SIN) system.

She said, her party gave a positive appreciation for Indonesia’s Commitment in the 2016 London Anti-Corruption Summit which took place on May 12, 2016.

In the country statement document, Indonesia brings crucial issues that are currently becoming a public concern in the country, such as regarding the transparency of the real ownership of business entities/companies.

In addition to avoiding taxes, the policy is also considered beneficial for preventing corruption, tax avoidance, financing of terrorism and money laundering practices.

In the tax sector and fiscal transparency, Indonesia stated that it would implement the G20 principles both in the procurement integrity standard and in the open data principle.

While in the field of taxation, reaffirming Indonesia’s commitment in implementing the Addis Tax Initiatives (ATI) in which Indonesia is also a member is also a positive step to ensure policy coherence for development.

“Because it also contains a commitment to improve the taxation system and revenue management from the natural resource sector,” Maryati said.

For this reason, he said, Indonesia’s commitment stated in the international forum must be accompanied by concrete steps at home through certain and measurable steps.

As reported, Indonesia will work closely with other countries, civil society and international organizations to support the acceleration of the implementation of the UN Voluntary Convention’s voluntary provisions.

Indonesia’s commitment was conveyed at the Anti-Corruption Summit (UK Anti-Corruption Summit) which took place in London for two days, 11-12 May, said Minister of Counselor for the Political Function of the Indonesian Embassy in London, Dindin Wahyudin to Antara London, Thursday (13/5).

In the Anti-Corruption Summit conference, the Indonesian delegation was chaired by the Coordinating Minister for Political, Legal and Security Affairs Menkopolhukam, Luhut Binsar Panjaitan representing the President of the Republic of Indonesia and the Chairperson of the Indonesian Parliament, as well as the President of the Global Organization of Parliamentarians Against Corruption / GOPAC, Fadli Zon and the Head of the National Agency for Mitigation Terrorism Komjen Pol Drs HM Tito Karnavian MA PhD. (Ant/wan)

Source: here.