Voluntary Disclosure Program (VDP) in the eye of Tax Official

Abstract

This article aims to analyze the background, concept and what is expected from The Voluntary Disclosure Program from the perspective of Tax Officials. VDP is a result of the Automatic Exchange of Information (AEOI) agreement between countries. VDP is steps taken by the Indonesian Government to put AEOI to practice by releasing Law Number 9 Of 2017 On Enactment Of Government Regulation In Lieu Of Law  Number 1 Of 2017 On Access To Financial Information For Tax  Purposes To Become Law. Government to increase Tax Compliance in Indonesia. The Government regulates the implementation of VDP through Law Number 7 of 2021 concerning Harmonization of Tax Regulations (UU HPP), and the technical implementation is regulated in Regulation of MoF No. 196/PMK.03/2021 concerning Procedures for Implementing the Taxpayer Voluntary Disclosure Program. The voluntary Disclosure Program (VDP) gives taxpayers opportunities to disclose tax obligations that have not been fulfilled voluntarily through the payment of income tax based on the disclosure of their assets.