Waiting for Jokowi to Anticipate The Singapore's Cunning Strategy on Tax Amnesty

Tax Amnesty brings a fresh breeze for economy but not for the other neighbor country like singapore. For quite long period that this neighbor country has been the destination of indonesians investors to conceal their money from the monitor of government. Even the corruptors also flee to singapore ever since this country provides legal rule to protect them thus other country can't freely chase out the grafter without the permit of local government of singapore. 

When the third tax amnesty was released by President Jokowi, singapore is definitely in stagger. It is clear that the indonesians investors there who will repatriate their fund to their home country will seriously damage the stability of economy of that country. There are trillion dollars of indonesians money saved there. This means, the country will be in a great chaos of economy crisis if the tax amnesty of jokowi will soon to run. Since the plan of tax amnesty, jokowi has been deterred by many people, and lately singapore released the policy to pay ransom to the government provided the fund will remain in the country. Indonesia foresees this as the conspiracy of singapore to tackle down indonesia tax amnesty. Indonesia through the Mr president jokowi has the big target of tax amnesty realization this year. Recently president ordered to guarantee the confidentiality of documents and list of invetors that are under the scope of tax amnesty. President also offers facility to the investors to allure and ensure for better environment of the investment in their homecountry to target for large amount of money attained from the program. Finance minister, bambang brodjonegoro already released estimated number of investor  in abroad that are around 6000 invetors so far. According to bambang, the potential investment from this abroad investors is 560 trillion rupiahs meanwhile the tax potentiality is around 45.7 trillion rupiahs. However, regarding the tax amnesty, finance minister said that it's difficult to list the investors in the country and he is after serious approach to ensure effectivity of tax amnesty. However, the calculation of mathematics on tax amnesty still have to consider the hindrance factor especially from the countries who are serious to topple down the program. We are to wait the strategy of jokowi to anticipate singapore's policy. Take in to note, singapore is absolutely the main target of indonesians money abroad for long time. Beside providing protecting regulation for repatriated investors, jokowi has to find ultimate long term strategy to assure the investors returning to their home country. The great challenge then is the money that are illegally attained by means of corruption and other crime that have been stored abroad for along period. Singapore must be the main concern of government. It's taking into account that this neighbor country is sincerely on serious strategy to fail the repatriation of indonesian money there. Along the history, it's the third time that tax amnesty being applied. The previous ones during the era of soeharto ever failed  two times. Government has to learn many things to anticipate the barriers.