DGT Regulation No. PER – 28/PJ/2016 Concerning the Provision of Asset Repatriation in the Form of Fund into Indonesia Territory in Context of Tax Amnesty

AMENDMENT ON MINISTER OF FINANCE REGULATION NO. 60/PMK.03/2014 CONCERNING PROCEDURES FOR EXCHANGE OF INFORMATION Article 1 number 2, 5 6 7 and 8 are amended and become as follow: Article 1 1.    Law means law no 6 year 1983 concerning general taxation provision and procedures as amended several times and recently amended by law no. 16…

FORM, CONTENT AND PROCEDURES FOR FILLING AND SUBMITTING VAT PERIODIC TAX RETURN VAT periodic tax return subsequently will be mentioned as periodic VAT return 1111 consist of: a.       Master form 1111 and b.      Attachment which consist of: 1.      Form 111AB – summary of delivery and acquisition 2.      Form 1111 A1 – list of exported tangible taxable goods (BKP), intangible taxable goods…

FALCON SC TAX UPDATE New Controlled Foreign Company (CFC) Rules Summary of MoF Regulation No. 107/PMK.03/2017 The Minister of Finance of the Republic of Indonesia (“MoF”) has issued its regulation No. 107/PMK.03/2017 (“PMK 107/2017”) dated 27 July 2017 concerning the determination earning of deemed dividend and calculation base for an Indonesian resident Taxpayer with capital…

GRANTING OF CORPORATION INCOME TAX REDUCTION FACILITY Article 2 1)   Corporate taxpayer who make new capital investment in pioneer industry may get income tax reduction facility as mentioned in article 18 paragraph 5 Capital Investment Law and article 29 Government Regulation No. 94 Year 2010. 2)   Such income tax reduction facility will be granted on income received or…