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

AMENDMENT ON MINISTER OF FINANCE REGULATION NO. 191/PMK.010/2015 CONCERNING FIXED ASSETS REVALUATION FOR FISCAL PURPOSES FOR APPLICATION SUBMITTED ON 2015 AND 2016 This amendment refers to revaluation of fixed assets with following condition: Fixed assets should be located in Indonesia and have useful life more than 1 year. Approved fixed assets revaluation under this regulation…

IMPLEMENTATION OF INDONESIA SUPREME COURT VERDICT NO. 73 P/HUM/2013 CONCERNING JUDICIAL REVIEW ON ARTICLES IN GOVERNMENT REGULATION NO. 74 YEAR 2011 CONCERNING PROCEDURES FOR TAX RIGHTS AND OBLIGATION IMPLEMENTATION Supreme Court has annulled several articles in Government Regulation No. 74 Year 2011, as consequences several articles in Minister of Finance Regulation, DGT Regulation and DGT…

AMENDMENT ON GOVERNMENT REGULATION NO. 77 YEAR 2013 CONCERNING REDUCTION ON INCOME TAX RATE FOR DOMESTIC PUBLIC CORPORATION TAXPAYER Some provisions in Government Regulation No. 77 Year 2013 are amended as follow: Article 2 paragraph 2 is amended as follow: Article 2 1.    Domestic public corporation taxpayer may get 5% of income tax rate reduction, lower than…

FIXED ASSETS REVALUATION FOR TAX PURPOSES FOR APPLICATION IN 2015 AND 2016 Taxpayer may conduct fixed assets revaluation for tax purposes with special treatment when such application is applied to DGT starting from the effective date of this regulation to 31 December 2016.Such special treatment is final income tax rate: 3%, for application up to 31…

I n a c c o r d a n c e w i t h P M K – 2 1 3 a n d P E R – 2 9 Following the release of Country-by-Country Report (“CbCR”) requirements in early 2017 through Minister of Finance (“MoF”) Regulation No. 213/PMK.03/2016 (“PMK-213”), The Directorate General…