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MoF Regulation No. 158/PMK.010/2015 dated August 12, 2015
CRITERIA FOR ART AND ENTERTAINMENT SERVICES EXEMPTED FROM VAT Particular art and entertainment services are exempted from VAT such as: a. movies b. art, music, dance and/or fashion performance c. beauty, bodybuilding and similar contest d. exhibition e. discotheque, karaoke, night club and similar f. circus, acrobat and magic performance g. horse racing, motor vehicle racing and games h. sports games This regulation…
MoF Regulation No. 191/PMK.010/2015 dated October 15, 2015
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…
MoF Regulation No. 213/PMK.03/2016 dated 30 December 2016
The New Regulation onTransfer Pricing Documentation AN OVERVIEW OF PMK-213The Indonesian Ministry of Finance has recently issued a new regulation No. 213/PMK.03/2016 (“PMK-213”) on 30 December 2016, which requires Taxpayers to prepare transfer pricing documentation (“TP Doc”). TYPES OF TP DOCSPMK-213 classifies TP Doc into three types: Master FileMaster File consists of Information concerning the…