Patriot Bond Differs from Tax Amnesty: Fund Origins Not Questioned

JAKARTA, DDTCNews – The government will not question the origin of funds invested by investors purchasing Patriot Bonds and will use those funds to stimulate the national economy. This topic is among the subjects covered by the national media today, Wednesday (24/6/2026).

Minister of Finance, Purbaya Yudhi Sadewa, affirmed that the government will not question the origin of funds invested through the purchase of special securities issued by BPI Danantara.

"Money used to buy Patriot Bonds won't have its source scrutinised, but if someone has other businesses, those may continue to be pursued [for law enforcement]," he said.

Purbaya stated that state protection applies only to investors purchasing Danantara's special securities. However, beyond those special securities, law enforcement authorities remain authorised to pursue businesspeople and investors and bring them to court if violations are committed.

Given that investor funds channelled through Danantara's special securities are guaranteed and protected from legal prosecution, the Minister of Finance urged investors to take advantage of this opportunity.

“What goes in there [securities] is safe, but the company is not immune. As such, it's not like a tax amnesty. A tax amnesty covers everything. This doesn't. It only covers the inflow of money. So, if you have a lot of money, put it in there quickly,” he said.

Please note that the government has just enacted Law 4/2026 concerning the Amendment to Law 4/2023 on the Development and Strengthening of the Financial Sector (pengembangan dan penguatan sektor keuangan/P2SK in Indonesian). Under this new legal framework, the government allows BPI Danantara to issue securities.

Securities issued by Danantara comprise general securities as well as special securities, such as Patriot Bonds and Merah Putih Bonds.

Pursuant to Law 4/2026, every purchase of special securities by investors constitutes a valid transaction within the national financial system. In line with this, the state protects the purchase of such special securities.

"The state shall guarantee and protect the purchase of special securities ... from general criminal prosecution, special criminal prosecution, including tax criminal provisions and from civil lawsuits," reads Article 50A paragraph (5) of Law 4/2026.

Further, Law 4/2026 also stipulates that data and information from the purchase of special securities may not be used as a tax base, nor may they be used as legal evidence in court litigation.

Please note that state protection for the purchase of special securities applies only to transactions conducted on the primary market.

In addition to the above topic, there is also coverage on the establishment of a financial center, which will be regulated under a separate law. There is also discussion of a new Minister of Finance Regulation (MoF Reg.) on the granting of government-borne VAT for airline tickets; tax collection sent via email; and other matters.

The following is a full review of the tax articles.

Purbaya Addresses Loopholes in Patriot Bonds for Money Laundering

Minister of Finance, Purbaya Yudhi Sadewa, responded to concerns that the purchase of special securities, such as Patriot Bonds and Merah Putih Bonds, could potentially create a loophole for money-laundering practices.

According to Purbaya, funds invested through the purchase of special securities issued by Danantara, such as Patriot Bonds and Merah Putih Bonds, will be managed to drive economic activity; thus, the origin of the funds is not a concern.

"Rather than keeping the money overseas indefinitely, let it enter the system. Yes, there is some loss, but in my view, the impact is that the money enters our economy and can be used for development," Purbaya explained. (DDTCNews/Bisnis Indonesia)

New MoF Reg. on Government-Borne VAT Incentive for Airline Tickets

The government has issued MoF Reg. 43/2026, which stipulates the granting of a tax relief in the form of government-borne VAT on domestic economy-class airline tickets.

The government-borne VAT incentive is provided to safeguard people's purchasing power and promote economic growth, particularly during the school holiday period. The government-borne VAT incentive is granted at 100% on the base fare and fuel surcharge.

“The government grants the government-borne value added tax incentive to supplies of government-borne scheduled economy class domestic commercial air transport services for the 2026 fiscal year,” reads the considering section of MoF Reg. 43/2026. (DDTCNews)

Tax Collection Sent via Email: Taxpayers Must Verify Authenticity

The Directorate General of Taxes (DGT) may send email to taxpayers with outstanding tax arrears. The tax authority has urged taxpayers not to ignore such email and to settle their obligations promptly.

However, the DGT also reminded taxpayers that the email containing tax collection is only sent using the official domain pajak.go.id. Taxpayers should therefore be vigilant in checking and verifying that such email originates from the tax authority's genuine domain, to avoid falling victim to fraud.

"Have you ever unexpectedly received email concerning tax collection? Always verify the authenticity of the message first by checking the sender's domain, which must end with @pajak.go.id, to avoid being defrauded," stated the DGT via social media. (DDTCNews)

Prabowo's Campaign Pledge: Author Royalties Subject to 1.5% Final Tax

A final income tax of 1.5% on authors' royalty income is one of 8 economic stimulus policies for the second half of 2026 being prepared by the government.

Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that this policy is in line with President Prabowo Subianto's pledges made during the 2024 presidential election campaign.

Currently, royalty income received by individual taxpayers who work as authors is subject to Article 23 Income Tax at 15%. (DDTCNews)

Government and House to Draft Separate Law on Financial Center

Law 4/2026 concerning the Amendment to Law 4/2023 on the Development and Strengthening of the Financial Sector (P2SK) does not contain detailed provisions on the establishment of a financial center or Indonesia's international financial center.

Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that the operation of the financial centre will be regulated in greater detail under a separate law. As stipulated in Law 4/2026, the law on the operation of a financial centre in Indonesia must be completed within 3 months from the time Law 4/2026 is promulgated.

"As such, there will be a separate law," said Airlangga when questioned by journalists. (DDTCNews)

Government Delays Tax Incentive for Electric Vehicle Purchases

The government has postponed the granting of an incentive in the form of government-borne (ditanggung pemerintah/DTP in Indonesian) VAT for electric vehicles (EVs), despite it having been scheduled to take effect in mid-2026.

Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that the delay was due to the government still reviewing the scheme and implementation of the electric vehicle incentive. As a result, the electric vehicle incentive was not included in the list of stimulus measures rolled out by the government in the second half of 2026.

"Yes, it has been postponed again; it is being reviewed for the time being," he claimed. (DDTCNews)