Here are the countries where wealthy indonesian conceal their asset

pemeriksaanpajak.com

After the first period of tax amnesty, the sum of declaration abroad worth of Rp 952 trillion and Rp 137 trillion repatriation. Director of general directorate of taxation ken dwijugiasteadi claimed that majority of surged in fund coming from  singapore around Rp 79.13 trillion for repatriation fund or 57.71% from total repatriation for first period. 

It is followed by cayman island 12.04%, china rp 3.56 trillion or 2.06% and virgin island Rp 2.49 trillion or 1.82%.

Total declaration from overseas coming from singapore reaching Rp 65203 trillion or 68.51% from total declaration from abroad. The second place is virgin island contributing Rp 72.67 trillion or 7.64% then cayman islands Rp 52.53 trillion or 5.52% and hongkong Rp 38.07 trillion or 4.07% and australia Rp 33.15 trillion or 3.48%.

The first period of tax amnesty ends in september 30th, 2016. Total collected reaching Rp 3,265 trillion out of target Rp 4000 trillion. It comprises of Rp 2,536 trillion from in country declaration and Rp 952 trillion from abroad declaration with total of repatriated fund Rp 137 trillion out of target of government Rp 1000 trillion. Meanwhile total of ransom fund Rp 89.2 trillion out of targer Rp 165 trillion to fog the state revision budget for 2016. 

What becomes the highlight then is the low surged in fund from abroad declaration that is the main objective from tax amnesty itself. From singapore for instance it is still Rp 652.03 trillion from estimate stashed fund of wealthy indonesian there around Rp 4000 trillion or 50% of singapore banks' asset. This means in certain point there is a need of new approach of government to succeed the abroad declaration in the midst of strategy of destinated countries to crack down the scheme. On the other hand, list of top rich who have joined the flagship program of tax amnesty is still low. There is name of budi hartono for instance who was mentioned directly by jokowi in his socialization of the program months ago. 

Nevertheless, tax amnesty will still last until march 2017. There is still possibility of flood surged in fund to come from rich businessmen to be repatriated to the state. This will be a milestone for long term investment and economy of the state. Moreover the tax amnesty of indonesia is recognized as the best ever of the world. Singapore which is blamed to hinder the scheme is likewise in alarm of possibly experiencing horrendous crisis when all the indonesian money will be brought back.