BASED ON THE ASSESSMENT PROCEDURE RELATED TO CORPORATE FOREIGN DEBT A report on the Implementation of Prudential Principles (KPPK) based on the Attestation Procedure must be submitted no later than June 30, 2022. This deadline applies to entities using a financial year from January 1 to December 31, 2021. This deadline is following the Bank’s … Read more
30th of June is often the deadline for submitting the Audited Financial Statements of the companies that have bank loans in Indonesia. Although there are no written and uniform rules, SW Indonesia has bank debtor clients who are directed to this deadline. Banks use Audited Financial Statements as a source of information related to credit … Read more
The deadline for submitting the Investment Activity Report (LKPM) is 10 July 2022, both for Semester I LKPM for Small Business Actors or Quarter II LKPM for Medium and Large Business Actors. It is a report on the progress of investment realization and problems faced by business actors that must be prepared and submitted periodically … Read more
The deadline for participating in the Volunteer Disclosure Program (PPS) or widely referred to as Tax Amnesty II is June 30, 2022. This program starts on January 1, 2022, referring to Law Number 7 of 2021 concerning the Harmonization of Tax Regulations (“UU HPP”) which was passed on October 29, 2021. The Indonesian tax authorities … Read more
LAST CALL REMINDER SW Indonesia Reminds Important Dates of Reports and Program Submission in Indonesia 01. LAST CALL: KPPK Report – Offshore Borrowings KPPK report is a report containing information which is the result of an assessment by an independent public accountant and has been examined based on the Attestation Procedure.The KPPK report based on … Read more
SW Indonesia officially opened a Bali branch office in March 2022, where the Bali branch office became the head office of SEL South-East Asia which will start its role as a professional certification educational institution and will also be equipped with offline learning courses in Tangerang. SEL South-East Asia has been awarded ACCA Silver Learning … Read more
The international community is committed to realizing Environment, Social and Governance (ESG) initiatives. The latest developments around ESG in Asia Pacific are interesting to discuss, given the current social, political, economic, social and cultural forces in Asia. CPA Australia and SW Indonesia are holding a Hybrid-Webinar focusing on ESG updates in Asia Pacific on 21 … Read more
Changes in Final Income Tax on Construction Services Construction services are among one of the type of businesses or activities that are very much needed in supporting the development of the Government or private facilities and infrastructures that have a very important role in supporting economic and social activities in national development. In order to … Read more
Adjustment of Value Added Tax (VAT) Policy in the Law on Harmonization of Tax Regulations. In order to increase Indonesia’s sustainable economic growth and support the acceleration of economic recovery, and optimizing state revenues to finance national development independently towards fair Indonesian society, affluent and prosperous, it takes various efforts from the Government to make … Read more
ALL ABOUT NEW All This Month Articles Present What Is New In Indonesia Tax Regulation And SW Indonesia 01. New Rate 2022 of Final Corporate Income Tax (CIT) on Construction Company Government Regulation (PP) Number 9 of 2022 is a new regulation issued by the government to improve a more conducive construction business climate. 02. … Read more
