Jakarta (Antara Bali) - The tax receipt target of Rp1,310.2 trillion set in the 2014 state budget is too high in the midst of economic slowdown, chief of the Indonesian Businessmen Association (Apindo) Sofjan Wanandi said.
The target would burden the private sector which has so far served as a national development agent, he said at Law and Business Forum 2013 here on Tuesday.
Haryadi Sukamdani, deputy for monetary, fiscal and public policies to chairman of the Indonesian Chamber of Commerce (Kadin), shared Wanandi's view saying the target is risky.
"Don't blame the director general of taxes if the target is not achieved," he said.
Deputy Finance Minister Mahendra Siregar meanwhile said the government will consider the views from various sides to decide whether the target is realistic.
"That is an input for the government and the DPR (the House of Representatives) as well. It's time for us to be realistic but we should also remain optimistic," he said.
"That everybody says the target is not realistic is a matter of credibility. But if the target is automatically revised the revision will surely refer to calculation based on the economic growth," he said.
The government is still undecided about revising the targets of tax receipts and economic growth, he said adding that revision of the targets must be discussed with the DPR Commission XI and the Budget Committee.
The government has set the target of tax receipts for 2014 at Rp1,310.2 trillion, up by 14.1 percent from the target of Rp1,148.4 trillion in the revised 2013 state budget.
With the projected tax receipts of Rp1,310.2 trillion, the tax ratio, the ratio of tax receipts to the gross domestic product (GDP) will increase to 12.65 in 2014 from 12.25 in 2013. (*/DWA)
