Finance Minister Nazara pledges refunds for businesses that overpaid taxes
Finance Minister Nazara said the government will return tax overpayments to eligible businesses, with the Directorate General of Taxes overseeing the process.
During a September 2026 press conference at the Ministry of Finance in Jakarta, Finance Minister Nazara announced that the government will honor tax refunds for businesses that have overpaid, as long as they qualify under existing regulations. He directed Director General of Taxes Bimo Wijayanto to ensure the refund process is handled correctly and that taxpayers receive clear communication. The Directorate General of Taxes is currently auditing several companies, following strict Standard Operating Procedures, before any refunds are released.
Nazara highlighted the ministry’s broader goal of encouraging tax compliance while balancing refund payouts with the needs of the state budget and deficit management. He noted that refunds are granted only when a tax payment was unnecessary or exceeded the amount due for income tax, VAT, or luxury goods tax. The announcement aligns with earlier statements that future refund policies will follow the minister’s directives.
Why it matters
Refunds affect business cash flow and signal the government's commitment to fair tax administration.
How this story developed
- Sep 14 President Prabowo appoints Suahasil Nazara as Indonesia's new Finance Minister
- Sep 14 Suahasil Nazara was appointed as Indonesia's finance minister, replacing Purbaya Yudhi Sadewa.
- Sep 17 Nazara pledged to keep the deficit under 3 % of GDP.
In this story
Related stories
17 in this thread