New Indonesian Tax Holiday Facility

New Indonesian Tax Holiday Facility Government of Republic of Indonesia (“GoI”) has released Minister of Finance Regulation No.35 2018 (“MoF-R35/2018”) regarding facility of Corporate Income Tax (“CIT”) reduction (“Facility”). The amendment of tax holiday facility provision is intended to increase the direct investment to push Indonesian economic growth. Under this regulation, a company incorporated in…

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Indonesia Tax Office’s Approach to Calculate Revenue in Tax Audit

    The Government has enacted the Minister of Finance Regulation No.15/PMK.03/2018 (“MoF-Regulation”) effectively as of February 12, 2018. This regulation is intended to Taxpayer who compulsory to conduct Recording and Bookkeeping. It regulates that during tax audit, if the Taxpayer did not or did not fully conduct the Recording or Bookkeeping that causes actual Gross Revenue (“Revenue”) is unnoticed, Tax…

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Differences in Individual Income Tax Return (Surat Pemberitahuan “SPT”) 2016 and 2017 related to the Tax Amnesty Program

  With the deadline of reporting of Individual Income Tax Return for year 2017 is getting closer (Saturday, 31 March 31, 2018). For the purpose to complete the SPT 2017 The taxpayer is required to prepare relevant supporting such documentation including income summary, tax article 21 withholding tax certificate, certificate of tax amnesty, assets list…

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TAX PLANNING DAN PERATURAN TARIF TERBARU PAJAK UMKM

  TAX PLANNING DAN PERATURAN TARIF TERBARU PAJAK UMKM Seminar untuk para pengusaha UMKM dan eksekutif.   Kamis, 9 Agustus 2018 Pukul 12.00 – 15.30 WIB Hotel Amaris, Jl. Prof. Dr. Soepomo, Tebet, Jakarta Selatan. Pemerintah telah menurunkan tarif pajak UMKM dari 1% menjadi 0,5% dari omset penjualan yang berlaku 1 Juli 2018. Tidak semua…

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Indonesian Tax Amnesty Regulation – in a brief

Indonesian Tax Amnesty Regulation in a brief   With reference to the release of tax amnesty law package (Law 11/2016, Ministry of Finance Reg 118-2016, DGT Director Reg 07-2016, DGT Circular Letter 30-2016 ). Tax payers (individuals and corporation) who apply for Tax Amnesty will be granted facilities, including termination of on-going tax audit, exemption for any administration penalty…

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Thin Capitalization Rules Indonesia

Thin Capitalization Rules Indonesia The ratio of Debt and Equity Provisions for Income Tax Calculation, PMK 169 2015 The Indonesian Government on September 9, 2015 has issued special provisions that regulate the ratio of debt and capital for the calculation of income tax for corporate taxpayers through the Ministry of Finance Regulation No. 169 / PMK.010…

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Ketentuan rasio utang dan modal untuk Perhitungan PPh (PMK 169 Tahun 2015)

Ketentuan Rasio Utang dan Modal untuk Perhitungan Pajak Penghasilan (PMK 169 Tahun 2015) Pemerintah Indonesia pada 9 September 2015 telah mengeluarkan ketentuan yang khusus mengatur rasio utang dan modal untuk perhitungan pajak penghasilan bagi wajib pajak badan melalui Peraturan Menteri Keuangan No 169/PMK.010/2015 (“PMK 169-2015”). PMK tersebut adalah turunan dari Undang-Undang Pajak Penghasilan (amandemen tahun 2008) pasal…

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TGS Asia Pacific Conference 2015 Singapore

TGS Asia Pacific Conference in Singapore TGS Global was held Asia Pacific Regional Conference on 28th of August 2015. The conference focus on cooperation among Asia Pacific TGS firms to enhance the cooperation on delivery of services and integrated services by TGS Global firm. Kenneth Young from TGS Aitia Hong Kong as a member of…

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Restitusi Pajak Penghasilan (Income Tax Refunds)

Restitusi pajak penghasilan Restitusi pajak adalah opsi yang dapat diambil oleh wajib pajak dalam hal terjadi kelebihan pembayaran pajak penghasilan dalam satu tahun buku perusahaan (dalam artikel ini, pembahasan dilakukan hanya untuk pph badan). Kelebihan pembayaran pajak penghasilan terjadi dalam hal wajib pajak mengalami kerugian pada akhir tahun secara fiskal, atau jumlah total atas pajak…

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