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23 Banks Obligated to Report Credit Card Transaction To DGT
ByFalcon
The Ministry of Finance has recently issued new regulation, which obligate banks / institutions that issue credit card to report any data or credit card transactions of their customers to the Directorate General of Taxation (DGT). The obligation was published complete in the Minister of Finance Regulation No.39/PMK.03/2016 concerning Details of Data and Information as…
E-Commerce in the Economic Policy Package XIV
ByFalcon
The government has issued the 14th Economic Policy Package on digital economy and e-commerce on 9 November 2016. The purpose is to encourage the expansion and improvement of economic activity communities throughout Indonesia especially in young generation. The regulation set a tax payment with turnover of IDR 4.8 billion is 1%. The Coordinating Minister for Economic…