Monday, 26 January 2026 13:24

Government Targets Consumption Tax Revenue of IDR 995.2 Trillion in 2026

President Prabowo Subianto has set an ambitious target for Value Added Tax (VAT) and Sales Tax on Luxury Goods (STLG) revenue, totaling IDR 995.2 trillion for 2026. This figure reflects the government's optimism regarding the recovery of public consumption, which serves as the primary engine for national economic growth. The target includes domestic VAT projected at IDR 626.6 trillion and import VAT expected to contribute IDR 343.9 trillion to the state treasury. This policy is part of the government's effort to strengthen fiscal space to fund various priority development programs in the future.

For business players and association members, this target emphasizes the importance of tax compliance and efficiency in the supply chain of goods and services. The government plans to expand the tax base and enhance oversight through a more modern and digitally integrated tax administration system. Although the target is substantial, the government is committed to maintaining a balance to ensure that tax policies do not excessively suppress public purchasing power. Through strong synergy between regulators and the private sector, achieving this consumption tax target is expected to support economic stability and a more sustainable investment climate throughout 2026.
Source
https://ekonomi.bisnis.com/read/20260125/10/1946956/prabowo-targetkan-pungutan-pajak-konsumsi-rp9952-triliun-tahun-ini 

 

 

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