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Income Tax Borne by the Government
FALCON SC TAX UPDATEOCTOBER 2017 EDITIONINCOME TAX BORNE BY THE GOVERNMENTSummary of MoF Regulation No. 126/PMK.010/2017On 19 September 2017, the Ministry of Finance has issued its regulation number 126/PMK.010/2017 (PMK 126/2017 or “the Regulation”) on Government-Borne Income Tax on Interest or Yield from Government Securities Issued in International Markets and Third Party’s Income from Services…
MoF Regulation No. 233/PMK.03/2015 dated December 21, 2015
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…
MoF Regulation No. 159/PMK.010/2015 dated August 14, 2015
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…