Indonesian billionaire Murdaya Poo seeks tax amnesty

Indonesian billionaire Murdaya Poo seeks tax amnesty

Businessman-cum-politician Murdaya Poo has become the latest of several conglomerate business owners to have filed for tax amnesty, submitting his application with the South Jakarta Tax Office on Monday.

Murdaya is owner of the Central Cipta Murdaya Group, a holding company consisting of Jakarta Fair organizer PT Jakarta International Expo (JI Expo), former supplier of US-based shoemaker Nike, PT Hardaya Aneka Shoe Industry (HASI) and oil palm plantation PT Hardaya Inti Plantation, to name a few.

He refused to disclose the size of his wealth that he declared to tax authorities. According to forbes.com, Murdaya ranks 13th among Indonesian richest people with his wealth worth US$1.85 billion.

"I have been waiting for the amnesty for years. The tax amnesty will ease the burden of my children who will inherit my fortunes and people who work for our firms," he told journalists.

Murdaya called on fellow businesspeople to follow suit, assuring them tax officials were helpful.

Murdaya claimed he would repatriate all his offshore assets and declare them all. However, he was quiet on the extent of his assets.

Previously, a number of tycoons have requested amnesty, such as Hutomo Mandala Putra-better known as Tommy, son of late president Soeharto, former Indonesian Employers Association (Apindo) chairman Sofjan Wanandi, property magnate James Riady, Triputra Group founder TP Rachmat and media mogul Erick Thohir. (rez)

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