DGT Circular Letter No. SE – 30/PJ/2016 Concerning Implementation Guidelines of Tax Amnesty

ACCESS OF  FINANCIAL INFORMATION FOR TAX PURPOSES ​Access of financial information are access to receive and obtain financial information in order to implement taxation provision and international tax agreement.DGT has the authority to get such access from financial service institution engage in banking, capital market, insurance, other financial services institution and/or other entity classified as…

The New Regulation onTransfer Pricing Documentation AN OVERVIEW OF PMK-213The Indonesian Ministry of Finance has recently issued a new regulation No. 213/PMK.03/2016 (“PMK-213”) on 30 December 2016, which requires Taxpayers to prepare transfer pricing documentation (“TP Doc”). TYPES OF TP DOCSPMK-213 classifies TP Doc into three types: Master FileMaster File consists of Information concerning the…

INCOME TAX ARTICLE 21 TREATMENT ON INCOME RECEIVED BY EMPLOYEE FROM EMPLOYER WITH PARTICULAR CRITERIA  Employee who receive income from employer with particular criteria with maximum amount of Rp 50 millions in one year are subject to 2.5% final income tax article 21.Employer with particular criteria is: Corporate taxpayer who engage in footwear and/or textile…

VALIDATING TAXPAYER REGISTRATION NUMBER IN CONNECTION WITH ANNUAL TAX RETURN RECEIVING AND PROCESSING Based on validity checking on process of annual tax return receiving and processing there are some possibility taxpayer registration number stated in tax return by taxpayer is not valid (not exist in taxpayer master file). Such tax return must be followed up…