![]() Undeniably, with such economic values, mining sector attracts lots of companies and business to invest in Indonesia.ĭespite creating gigantic financial value for companies, total tax that is paid to state account is still very small. According to Indonesian Bureau of Statistic (BPS) and Bank of Indonesia (BI), in 2014, Gross Domestic Product (GDP) in mining sector, both downstream and upstream, reached $100 billion (BPS, 2014 & BI, 2014). However, only IDR 96.9 trillion (at least $7 billion) that are taxable (Direktorat Jenderal Pajak, 2014) due to absence of accurate information on beneficial ownership in the mining sector.Īlthough, there are hundreds of extractive companies operate in Indonesia, public never really know who controls and receive main benefit these companies(or called a beneficial ownership). ![]() ![]() Approximately IDR 1,387 trillion (at least $100 billion) financial benefit flew from oil, gas, mineral and coal sector that were enjoyed by thousand of corporates (Badan Pusat Statistik, 2014 & Bank Indonesia, 2014).
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