Mof Regulation No. 56/PMK.03/2015 dated March 18, 2015
SECOND AMENDMENT ON MINISTER OF FINANCE REGULATION NO. 75/PMK.03/2010 CONCERNING OTHER VALUE AS BASIS FOR TAX IMPOSEMENT
Some provision under Minister of Finance Regulation No. 75/PMK.03/2010 concerning other value as basis for tax improvement as amended by Minister of Finance Regulation No. 38/PMK.011/2013, have been amended as follow:
1. Article 2 letter k is amended and letter l is deleted, so article 2 will become as follow:
Article 2
Other value as mentioned in article 1 will become:
a. For internal usage of taxable goods and/or services are selling price or replacement value after being deducted by gross profit;
b. For free gift of taxable goods and/or services are selling price or replacement value after being deducted by gross profit;
c. For transfer of voice or picture recording media are estimated average selling price;
d. For transfer of movie is estimated average income per title;
e. For transfer of tobacco product is retail selling price;
f. For taxable goods in form of inventory and/or assets which are not or sale, and still remain at the time of company liquidation, are fair market value;
g. For transfer of taxable goods from head office to branches or vice versa and/or inter branch transfer are cost of goods sold or acquisition value;
h. For transfer of taxable goods through intermediary merchant are agreed price between the merchant and buyer;
i. For transfer of taxable goods through auctioneer are auction price;
j. For transfer of package delivery services are 10% from collection amount or supposed to be collection amount;
k. For tour and/or travel agent service in term of tour package, transportation booking and accommodation booking, which transfer is not based on commission, are 10% from collection amount or supposed to be collected;
l. Deleted;
m. For transfer of freight forwarding where the billing include freight charges are 10% from collection amount or supposed to be collected;
2. Article 3 letter b is amended and letter c is deleted, so article 3 will become as follow:
Article 3
VAT In related to:
a. transfer of package delivery services as mentioned in article 2 letter j conducted by courier services entrepreneur;
b. transfer tour and/or travel agent service in term of tour package, transportation booking and accommodation booking, which are not based on intermediary service agreement as mentioned in article 2 letter k, conducted by tour and/or travel agent entrepreneur;
c. deleted;
d. transfer of freight forwarding where the billing include freight charges as mentioned in article 2 letter m conducted by freight forwarding entrepreneur;
This regulation will be effective at promulgation date.