Government Regulation Number 36 Year 2017 Concerning The Imposition of Income Tax on Certain Income ​in the Form of Net Assets Treated or Considered as Income

AMENDMENT ON MINISTER OF FINANCE REGULATION NO. 106/PMK.010/2015 CONCERNING TYPES OF LUXURY TAXABLE GOODS OTHER THAN MOTOR VEHICLES WHICH SUBJECT TO SALES TAX ON LUXURY GOODS Types of luxury goods in attachment I Minister of Finance Regulation No. 106/PMK.010/2015 which previously classified based on its area now is amended based on its value. Luxury housing…

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…