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Indonesia’s Taxpayers Must Repatriate Offshore Assets within 6 Months

Arnoldus Kristianus
May 12, 2026 | 8:00 am
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Finance Minister Purbaya Yudhi Sadewa speaks to reporters in Jakarta on May 11, 2026. (B-Universe Photo/Joanito de Saojao)
Finance Minister Purbaya Yudhi Sadewa speaks to reporters in Jakarta on May 11, 2026. (B-Universe Photo/Joanito de Saojao)

Jakarta. Indonesia’s taxpayers must repatriate their offshore wealth within 6 months or miss a chance to invest that money in the country, as Finance Minister Purbaya Yudhi Sadewa maintains his no-tax-amnesty stance.

Speaking to reporters in Jakarta, Purbaya said that tax amnesty would only put officials in a difficult position, among other things, as they would be prone to bribes. In exchange, the government will give 6 months for taxpayers to bring home their assets previously kept overseas. Taxpayers who miss the deadline will not be able to use those said assets to invest in Indonesia.

“Those who have assets abroad, repatriate your wealth as soon as possible. … So it’s not a tax amnesty, we will give them six months. We will check any money flowing into our country as the money from abroad can’t be used to do business here,” Purbaya told a briefing.

During the transition period, the ministry’s tax directorate-general will keep a close eye on the taxpayers’ repatriation commitment. This way, Indonesia can boost its state revenue without forgiving tax liabilities, which risks affecting the system.

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“What we are pursuing is the taxpayers’ commitment,” Purbaya said.

The government did not say how much money Indonesians had kept offshore.

Indonesia has collected Rp 394.8 trillion or $22.7 billion in the first quarter of 2026, around 16.7% of the yearly target, government data showed. Q1 2026 investments totaled Rp 498.8 trillion ($28.6 billion) or about 24.4% of the annual target.

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