DGT Regulation No. PER – 08/PJ/2016 Concerning Registration and Reactivation of Individual Taxpayer ​via Certain Region in Context of Tax Amnesty

INCOME TAX IMPOSEMENT ON PRIZE AND REWARD Income derived from prize from lottery, competition also activity and reward are object for income tax. Lottery organizer will withhold final income tax article 4 paragraph 2 amounting to 25% from lottery prize. Prize or reward on competition, prize on activity and reward are subject to income tax…

STIPULATION OF DEBT AND EQUITY RATIO FOR INCOME TAX CALCULATION PURPOSES Article 1 For income tax calculation purposes it is set a debt to equity ratio for corporate taxpayer which is established or domiciled in Indonesia and whose capital divided into stocks. Debt is average outstanding of debt within one fiscal year or part of…

GRANTING STATEMENT OF INCOME TAX DISPENSATION ON INCOME FROM TRANSFER OF LAND AND BUILDING RIGHTS AS RESULT OF INHERITANCE Transfer of land and/or building right as result of inheritance are exempted from income tax from such income. A statement of income tax dispensation will be given on income from transfer of land and/or building right….

FALCON SC TAX UPDATEOCTOBER 2017 EDITIONINCOME TAX BORNE BY THE GOVERNMENTSummary of MoF Regulation No. 126/PMK.010/2017On 19 September 2017, the Ministry of Finance has issued its regulation number 126/PMK.010/2017 (PMK 126/2017 or “the Regulation”) on Government-Borne Income Tax on Interest or Yield from Government Securities Issued in International Markets and Third Party’s Income from Services…