Tax Buzz | Tax Buzz 2016

MoF Regulation No. 101/PMK.010/2016 dated 22 June 2016

ByFalcon June 22, 2016July 28, 2021

ADJUSTMENT ON NON TAXABLE INCOME

Non taxable income will be adjusted as follow:
a.    IDR 54,000,000 for individual taxpayer
b.    Additional IDR 4,500,000 for married taxpayer
c.    Additional IDR 54,000,000 for wife whose income is combined with her husband
d. Additional IDR 4,500,000 for every family’s dependent related by blood and marriage in direct linage also adopted child, with maximum 3 people for each family.
Detail procedures for this calculation will be set by DGT regulation.
This regulation will be effective for 2016 fiscal year. At the effective date of this regulation, Minister of Finance Regulation No. 122/PMK.010/2015 will be void and no longer valid.

Tax Buzz | Tax Buzz 2016

MoF Regulation No. 119/PMK.08/2016 Concerning Procedures for Asset Repatriation of the Taxpayer into Indonesia and Placement in Investment Instruments in Financial Markets in Context of Tax Amnesty

ByFalcon July 18, 2016July 28, 2021

Tax Buzz | Tax Buzz 2016

Minister of Finance Regulation of Republic of Indonesia Number 172/PMK.010/2016 dated 14 November 2016

ByFalcon November 14, 2016July 28, 2021

LAND AND BUILDING TAX REDUCTION IN MINING/GEOTHERMAL OPERATION IN THE EXPLORATION STAGE Taxpayers of the payable Geothermal Land and Building Tax (PBB) listed on Notification on Tax Due (SPPT) that is still in the Exploration Stage can be granted a reduction of Land and Building Tax (PBB). The Land and Building Tax (PBB) reduction is granted 100%…