Chandra Lie, the owner of Sriwijaya Air group, joined the government's flagship tax amnesty program on Monday (26/09). (JG Photo/Tabita Diela)
Sriwijaya Air Owner Joins Tax Amnesty Program
BY :TABITA DIELA
SEPTEMBER 26, 2016
Jakarta. Chandra Lie, the owner of Sriwijaya Air group, joined the government's flagship tax amnesty program on Monday (26/09), following in the footsteps of other Indonesian tycoons.
Chandra joined the program late, almost at the end of its first phase, during which the 2 percent tax rate applies, as he faced difficulties in collecting the required data.
"I did not doubt [the program], but it was not easy to prepare the data," Chandra told reporters.
Chandra went to the tax office after he met dozens of other businessmen on Friday. During the meeting in Jakarta, the entrepreneurs spoke about the tax amnesty program and many of them pledged to join.
"I did not count how many of them decided to participate in the program, but I was committed to join it. I would like to say it will be a big loss for all those who don't," he said.
Chandra did not reveal how much money he had stashed abroad. He said he will use the repatriated funds to buy more aircraft for his company.
Sriwijaya Air operates 38 aircraft on 41 domestic and international routes. In June, the airline signed a deal for two Boeing B737-900ER jets at the Paris Air Show in France. It expects delivery of one of the aircraft by the end of this month.
Chandra said the company plans to buy another wide-body Boeing 777-300ER to expand Sriwijaya's operations to the Middle East for umrah flights.
Taxpayers have so far declared Rp 1,892.5 trillion ($145 billion). This includes Rp 97.5 trillion in repatriated assets, Rp 505.6 trillion in offshore assets and Rp 1,289.4 trillion worth of assets inside Indonesia.
As of Monday afternoon, the government already collected nearly Rp 45 trillion from the program.