On July 2019, Indonesian Government issued Law No. 11 years 2016 about Tax Amnesty. Under this regulation, all taxpayer both individual and corporate has an opportunity to disclose assets and liability that unreported in previous tax periods by paying redemption money. Subsequently, Indonesian Board of Accounting Standard issued Pernyataan Standar Akuntansi Keuangan (PSAK) 70 to set the accounting treatement of tax amnesty asset and liabily. This study aims to examining the value relevance of tax amnesty as an accounting information. We use empirical method with 142 sample of company whose participate on tax amnesty program. We find that tax amnesty information on financial statement has no significant correlation with cummulative abnormal earnings, however tax amnesty information indirectly has negative significant on unexpected earnings. The findings confirm that tax amnesty information has a negative signal to market.