Guidelines on Foreigners’ Property ownership in Indonesia

The government has issued the 14th Economic Policy Package on digital economy and e-commerce on 9 November 2016. The purpose is to encourage the expansion and improvement of economic activity communities throughout Indonesia especially in young generation. The regulation set a tax payment with turnover of IDR 4.8 billion is 1%. The Coordinating Minister for Economic…

Today, June 28, 2016, a plenary session of the House of Representatives (DPR) legalized the Draft of Tax Amnesty Laws to become Tax Amnesty Laws. The approval is the result of a meeting attended by 298 board members. The Government plans to start the socialization of tax amnesty on Wednesday, June 29, 2016. Although it…

Indonesian government finally has issued the Government Regulation in lieu of Law (Perppu) Republic of Indonesia Number 1 Year 2017 (Perppu 1/2017) which stipulates the access of financial information for tax purposes, which comes in effect on May 8, 2017. This regulation is issued in order to fulfill the Indonesian Government’s commitment to implement Automatic…