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Government Regulation No. 34 Year 2016 dated August 8, 2016
ByFalcon
INCOME TAX ON INCOME FROM TRANSFER OF LAND AND/OR BUILDING RIGHTS AND SALE PURCHASE AGREEMENT ON LAND AND/OR BUILDING ALONG WITH ITS AMENDMENT Income from transfer of land and/or building rights or sale purchase agreement are payable to final income tax. Including transfer of rights are sales, swap, grants, in heritage or any other kind of…
New Final Income Tax Regulation for Small Medium Enterprises
ByFalcon
NEW FINAL INCOME TAX REGULATION FOR SMALL MEDIUM ENTERPRISESGovernment of Indonesia has recently issued its regulation No. 23 Year 2018 (“GR 23/2018” or “the Regulation”) on June 8th, 2018 concerning Income Tax on Income from businesses received or earned by taxpayers having certain gross turnover. This regulation will be effective on 1 July 2018. The…