MoF Regulation No. 207/PMK.010/2015 dated November 20, 2015

SECOND AMENDMENT ON MINISTER OF FINANCE REGULATION NO. 105/PMK.03/2009 CONCERNING RECEIVABLE WHICH APPARENTLY UNCOLLECTIBLE WHICH IS DEDUCTIBLE FROM GROSS REVENUE

Article 3 paragraph 1 letter c is amended.
The following condition of apparently uncollectible receivables are mandatory which in previous regulation was needed for one condition only:

1. Collection case already submitted to district court or other government institution which handling state receivables;
2. There is a written agreement regarding nullification of debt/receivables between creditor and debtor on such uncollectible receivables;
3. Published in public or specific media; or
4. Acknowledgment from debtor which certain amount of his debt already annulled.

Article 3 paragraph 1a is amended as follow:
List of uncollectible receivable must be prepared in hard copy and soft copy, which in previous regulation was an optional either hard copy or soft copy.

Article 4 paragraph 1 is amended as follow:
List of uncollectible receivable submitted to DGT will include information of debtor as name, taxpayer registration number, address, plafond of debt and amount of uncollectible receivables. Plafond of debt was not mentioned in previous regulation.

Article 4 paragraph 2is amended as follow:
Attachment needed for fulfilling uncollectible receivable criterias are as follow:

1. Copy of collection case submitted to district court or other government institution which handling state receivables;
2. Copy of written agreement regarding nullification of debt/receivables between creditor and debtor on such uncollectible receivables legalized by notary;
3. Copy of publication in public or specific media; or
4. Copy of acknowledgment from debtor which certain amount of his debt already annulled and its approval by creditor.

Previous regulation only required one document for uncollectible receivable criteria.

Article 5 is amended as follow:
Previous regulation required taxpayer registration number for all debtor of uncollectible receivables, where in this regulation this condition is excluded for debtor who receive debt plafond up to IDR 50 millions either from one loan or several loan from one creditor.

This exemption will valid for uncollectible receivables annulment charged to 2015 fiscal year.

This regulation will be effective at promulgation date.