Indonesia’s Gross Tax Revenues Reach Rp 733.2 Trillion Through April, Driven by Corporate and Consumption Taxes
Poin Penting
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JAKARTA, investortrust.id – Indonesia’s gross tax revenue reached Rp 733.2 trillion ($46.2 billion) from January through April 2025, representing a 7% year-on-year increase, according to Deputy Finance Minister Anggito Abimanyu.
In April alone, gross collections stood at Rp 266.2 trillion, bolstered by rising corporate earnings, personal income tax normalization, and domestic consumption.
“This year’s tax revenue growth is quite healthy at 7%, compared to 7.6% in March,” Anggito said at the APBN Kita (Our State Budget) press conference in Jakarta on Friday, May 23, 2025.
Economic Recovery Lifts Tax Components
Anggito attributed the April growth to improved compliance and profitability among both individual and corporate taxpayers. Domestic value-added tax (VAT) and import VAT also saw positive growth in line with a broader economic rebound.
Personal Income Tax (PPh) Article 21 contributed 15.2% of total gross revenues, with April collections totaling Rp 35.2 trillion, indicating normalization after seasonal adjustments.
Domestic VAT made up 12.5% of gross revenues, rising 8.3% month-on-month to Rp 59 trillion. The growth reflects sustained consumer demand and industrial activity, led by sectors such as petroleum refining, natural gas mining, metal ore extraction, and non-store retail.
Corporate Income Tax (PPh Badan) contributed the largest share, at 23.6% of gross receipts through April. Collections hit Rp 97.7 trillion last month, signaling stronger corporate profitability.
Key sectors driving this growth included palm oil processing, financial services, transportation, and basic precious metals manufacturing.
Import VAT and Mining Revenues Diverge
Import VAT also showed strong momentum, growing 19.1% in April to Rp 27.1 trillion. This surge was driven by higher imports of intermediate goods and capital equipment, particularly in the automotive, iron and steel, electronics, plastics, and paper industries.
In contrast, tax revenues from the mining sector fell 11.29% in April to Rp 30.17 trillion, reflecting global commodity price fluctuations. However, cumulative mining sector taxes still grew to Rp 81.3 trillion ($5.1 billion) in the first four months of the year.
The manufacturing sector contributed Rp 70.52 trillion, supported by activities in palm oil, precious metals, chemicals, pharmaceuticals, and shipbuilding.
Meanwhile, tax receipts from the financial services sector dropped to Rp 44.87 trillion in April due to delayed dividend payments by banks.
Net Tax Revenue Also Growing
Finance Minister Sri Mulyani Indrawati countered earlier reports suggesting negative growth in net tax revenue. After adjusting for tax refunds, net tax receipts actually rose by 3.5% in March and 5.8% in April.
“The claim that net tax receipts in April were still contracting is incorrect. If we look at PPh 21 alone, it increased from Rp 33.7 trillion ($2.1 billion) last April to Rp 35.2 trillion this year,” Sri Mulyani said at the same briefing.
She explained that adjustments due to the average effective rate system (TER) had affected monthly fluctuations but did not change the underlying positive trend.