JAKARTA -- Under pressure to plug a looming revenue shortfall, the Indonesian government is giving taxpayers another chance to report previously hidden assets, a move dubbed by critics as "tax amnesty chapter two."
The nine-month amnesty, which ended in March this year, exempted Indonesian tax dodgers from criminal prosecution and imposed on them small fines only if they declared previously hidden assets. The tax office had repeatedly said that once the program ended, officers would hunt down unreported assets and slap evaders with a hefty penalty of 200% of their original tax bills.
