MoF Regulation No. 127/PMK.010/2016 Concerning Tax Amnesty for Taxpayer Owning Indirect Asset via Special Purpose Vehicle (SPV)

PROCEDURES FOR VAT ON TOLL ROAD SERVICES COLLECTION 10% of VAT will be imposed on toll road services delivered by toll road entrepreneur. Toll road entrepreneur must register its business in order to be confirmed as taxable entrepreneur. Such entrepreneur must collect, pay and report VAT payable in accordance with tax law and regulation. Tax…

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%…

TECHNICAL GUIDANCE FOR PROCEDURES FOR WITHHOLDING, DEPOSITION AND REPORTING OF INCOME TAX ARTICLE 21 AND/OR 26 RELATING TO INDIVIDUAL JOB, SERVICES AND ACTIVITY Chapter II Income Tax article 21 and/or 26 withholder Article 2 1)   Income Tax article 21 and/or 26 withholder include: a.    Employer such as 1.    Individual 2.    Company or 3.    Branch, representative or unit when they administer part of…

FISCAL TREATMENT FOR TAXPAYER AND TAXABLE ENTREPRENEUR WHO USE PARTICULAR COLLECTIVE INVESTMENT CONTRACT SCHEME RELATING TO FINANCIAL SECTOR DEEPENING For income tax purposes, special purpose company (SPC) in particular collective investment contract (KIK) scheme will be considered as one unit with its KIK. Particular KIK scheme is real estate investment trust (DIRE) with or without…