Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Fiscal Fees and the Indonesian Balance of Trade
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Fiscal Fees and the Indonesian Balance of Trade

ASEAN Push for Indonesia to Eliminate the Fiscal Fee Gives Concern for National Balance of Trade in Travel.


Bali News:
Click Image to Enlarge

(6/14/2004)

Led by Malaysia, fellow members among the 10 member Association of South East Asian Nations (ASEAN) are repeating their call on Indonesia to eliminate the Rp. 1 million fiscal fee levied on all Indonesians and Residents each time they travel abroad. Citing the fee as an impediment to inter-regional efforts to grow tourism and trade, ASEAN partner nations eager to tap into the large potential outbound market of travelers from Indonesia want to see the fee abolished.

The Government has signaled cautious approval of the request to eliminate fiscal charges, pleading for time and a gradual approach to ending the charge. In a few selected ports in Indonesia - such as Riau, Batam and Pontianak – Indonesians traveling to neighboring countries are already reportedly exempted from paying the Rp. 1 million fee. Meanwhile, the Government has countered those demanding faster implementation, pointing out that both Thailand and the Philippines still charge an 'exit tax' on their nationals traveling overseas.

A Negative Balance of Trade in Travel?

Always intended to encourage taxpayer registration and discourage Indonesians from traveling abroad, the Rp. 1 million fiscal charge has been increased 3 times since its initial introduction. An initial Rp. 250,000 fee was doubled to Rp. 500,000 and then, later, doubled again to the current Rp. 1 million level. Charged to Indonesians and foreigners residing in Indonesia, the Rp. 1 million fee is, in fact, a pre-payment on taxes and can be claimed back from payroll taxes due the government by an employer.

Statisticians from the Government are concerned, however, that any moves to encourage travel abroad by Indonesians at a time when inbound tourism figures to Indonesia are down will result in a negative balance of trade in travel.

The statisticians concerns are not unfounded with the numbers telling a compelling story. The estimated surplus in trade between inbound and outbound travel totaled $3.986 billion in 2001, a total that decreased dramatically by 66.6% to 1.342 billion in 2002. Last year, Indonesia's balance of trade in tourism stood at only $841 million, down a whopping 78.9% from the figures just 2 years before.

At these rates, even a modest increase in outbound travel by Indonesians going abroad could place the Country's balance of trade in travel deeply into the red.



© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Liberté, Égalité, Fraternité
Fête Nationale – Celebrating France’s National Day at The Trans Resort Bali on Friday, July 15, 2016
(6/26/2016)
Attempted Identity Theft
Two Bulgarian Tourists Arrested on Suspicion of ATM Crime in Bali
(6/26/2016)
Heart Attack Claims Man in Local Boat Race
Balinese Participants in a Bedugul Canoe Race Dies of Heart Attack.
(6/26/2016)
U-Haul Hull
Operators of Sunken KMP Rafelia II Given Deadline of September 4, 2016, to Remove Sunken Ferry Boat in Java-Bali Straits
(6/26/2016)
Connected in Kuta
Kuta, Bali Launches 115 Free Wireless WiFi Points
(6/26/2016)
A Kemenuh Conondrum
Kemenuh Butterfly Park in Gianyar, Bali: Illegally Constructed, Illegally Operated and Failing to Pay Taxes
(6/26/2016)
Short Take Off and Approach
Indonesian Transportation Minister Not in Favor of Reclaiming Land to Extend Length of Bali’s Airport
(6/26/2016)
Hot and Bothered in Bali
Bali Airport Installs Thermal Scanner to Detect International Passengers Infected by the Zika Virus
(6/26/2016)
Haunting Surfeit of Human Remains
Backlog of Unburied Corpses at Sanglah General Hospital Morgue Poses a Logistics and Spiritual Risk.
(6/26/2016)
General Hospital
Bali’s Main Hospital Explains its Color-Coded Response to Medical Emergencies
(6/26/2016)
Bastards & Baksheesh
Public Outcry as Official at Gilimanuk Border Checkpoint Caught on Film Taking a Bribe
(6/26/2016)
Illegal Parking
Outgoing Denpasar Prosecutor Names Head of Denpasar Parking Authority as Suspect in Rp. 15.5 billion Corruption Case
(6/26/2016)
All [News]!