Insights Archives | Page 7 Of 51

IPO Readiness: Business Transformation Towards a Public Company

IPO provides broader access to funding, enhances credibility, and promotes the implementation of good corporate governance. However, the process requires comprehensive preparation, including financial, legal, operational, and investor communication aspects. The IPO journey consists of strategic planning, internal preparation, transaction execution, and post-IPO obligations. Each phase requires careful planning and professional support. The implementation of … Read more

Islamic Bank: Impairment of Sharia Financial Accounting

The implementation of PSAK 413 aims to ensure more accurate and transparent asset valuation in the financial statements of Islamic entities. PSAK 413 complements previous standards such as PSAK 109, PSAK 402, as well as ISAK 401 and ISAK 402. The development of this standard is part of efforts to strengthen the accounting framework for … Read more

ANNOUNCEMENT NUMBER PENG-2/PJ.09/2026 REGARDING THE IMPLEMENTATION OF THE MINISTER OF FINANCE REGULATION NUMBER 112 OF 2025 ON THE PROCEDURES FOR THE APPLICATION OF DOUBLE TAXATION AVOIDANCE AGREEMENTS

On 9 January 2026, Announcement Number PENG-2/PJ.09/2026 was issued concerning the implementation of Minister of Finance Regulation Number 112 of 2025 on the Procedures for the Application of Double Taxation Avoidance Agreements. Following the enactment of Minister of Finance Regulation Number 112 of 2025 (PMK-112/2025), it is hereby conveyed that the application of Double Taxation … Read more

ANNOUNCEMENT NUMBER PENG-2/PJ.09/2026 REGARDING THE IMPLEMENTATION OF THE MINISTER OF FINANCE REGULATION NUMBER 112 OF 2025 ON THE PROCEDURES FOR THE APPLICATION OF DOUBLE TAXATION AVOIDANCE AGREEMENTS

NEW OBLIGATIONS UNDER MOHR REGULATION NO. 49 OF 2025:

ANNUAL REPORTING OF COMPANIES THROUGH THE GMS At the end of 2025, the Government issued Minister of Law Regulation No. 49 of 2025 on the Requirements and Procedures for the Registration of Establishment, Amendment, and Dissolution of Limited Liability Companies (“MoHR Regulation 49/2025”), which came into force on 17 December 2025. This regulation replaces Minister … Read more

Coretax Administration System (CTAS)

The digital transformation of Indonesia’s tax system enters a new phase with the implementation of the Coretax Administration System (CTAS), an integrated platform designed to enhance efficiency, transparency, and accountability in tax administration. CTAS unifies registration, payment, and reporting into a single digital ecosystem, featuring real-time ledgers, a tax deposit system, data automation, and access rights management. The … Read more

Changes to the Individual Annual Tax Return Reporting System through CTAS

  The implementation of the Coretax Administration System (CTAS) marks a major shift in Annual Tax Return (SPT) reporting for Individual Taxpayers (WPOP) starting in 2026. This digital system strengthens transparency, data accuracy, and taxpayer independence through integrated services and real-time recording. Key changes include the use of the National Identity Number (NIK) as the tax identity, … Read more

Changes to the Annual Tax Return Reporting System through CTAS

The implementation of the Coretax Administration System (CTAS) introduces a significant transformation in the corporate annual tax return (SPT Tahunan Badan) filing mechanism in Indonesia starting from Fiscal Year 2025. This article reviews the transition from DJP Online to the more integrated, automated, and transparent CTAS platform, highlighting changes in data entry processes and SPT attachments. Key … Read more

Transfer Pricing Documentation – New Paradigm

The implementation of Minister of Finance Regulation (PMK) No. 172 of 2023 introduces a new paradigm in preparing Transfer Pricing Documentation (TP Doc), aligned with the digital transformation of tax administration through CTAS. The regulation emphasizes that transfer pricing must be determined at the outset of a transaction (ex-ante), with separate testing for each type of affiliated transaction. … Read more

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