Vice president yusuf kalla responded to the issue of singapore to intervene tax amnesty scheme. This two times vice president of indonesia stressed that it's not fair and the rights of singapore to embroil in indonesia policy to repatriate offshore funds flowing in.
Yusuf kalla deplored the attempts of singapore to hinder the tax amnesty program. Kalla claimed:" singapore should not interfere moreover that country follows the principle of free exchange system. Indonesia likewise has the similar principle of which the funds can freely flow in and out of the state".
Further yusuf kalla said that it is a good discretion of indonesia to allow the disobedient tax payer through tax amnesty scheme.
"Not paying taxes is absolute violation. Thus it should be forgiven. Thus no country is to interfere", kalla added.
Before singapore is mentioned to be in exceptional crisis of banks is the reason of singapore to tackle tax amnesty scheme. Monetary authority of singapore and the local police has ordered the banks to issue the wealthy indonesian who join tax amnesty into the list of suspicious transaction report(STR). Through this that country wants to cause fear for the indonesians there to join tax amnesty policy.
After the closed meeting on friday sept 18th,2016 sri mulyani clarified that the issue of STR is merely formal procedure run by all countries to prevent the suspicious transactions of which the do not comply. This is to prevent the money laundry scheme. Further this finance minister said to have confirmed the issue to deputy prime minister of singapore and affirming that the neighbor country has no bad intention. Singapore according to sri mulyani precisely support tax amnesty scheme.
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