Tax Update

This regulation aims to provide both fiscal and non-fiscal incentives to encourage entrepreneurs to participate in the construction and development of the IKN. Fiscal incentives are provided in the form of tax incentives, while non-fiscal incentives are provided in the form of simplified licensing procedures. The background of this regulation is to achieve the more … Read more

REGULATION OF THE MINISTRY OF FINANCE NUMBER 164 YEAR 2023 (MoF  164/2023) REGARDING PROCEDURES FOR THE IMPOSITION OF INCOME TAX ON INCOME FROM BUSINESSES RECEIVED OR OBTAINED BY TAXPAYERS WHO HAVE CERTAIN GROSS TURNOVER AND REPORTING OBLIGATIONS TO BE RECOGNIZED AS A TAXABLE ENTREPRENEUR  This regulation aims to provide justice, legal certainty and convenience for … Read more

REGULATION OF THE DIRECTOR GENERAL OF TAXATION NUMBER 6 OF 2024 CONCERNING USE OF THE RESIDENTIAL IDENTITY NUMBER (NIK) AS A TAXPAYER IDENTIFICATION NUMBER (NPWP), TAXPAYER IDENTIFICATION NUMBER (NPWP) WITH 16 (SIXTEEN) DIGIT FORMAT, AND IDENTITY NUMBER OF THE PLACE OF BUSINESS ACTIVITY (NITKU) IN TAX ADMINISTRATION SERVICES This regulation aims to provide legal certainty … Read more

REGULATION OF THE MINISTRY OF FINANCE NUMBER 172 YEAR 2023 REGARDING THE APPLICATION OF ARM’S LENGTH PRINCIPLES AND NORMALITY IN BUSINESS TRANSACTION INFLUENCED BY SPECIAL RELATIONSHIP. I. Arm’s Length Principles and Normality in Business (Prinsip Kewajaran dan Kelaziman Usaha/ ”PKKU”) Domestic Taxpayers who are the transaction counterparties can make relatedness adjustments if there are: Relatedness … Read more

OFFICIAL MEMORANDUM NO.ND-14/PJ/PJ.02/2024 AFFIRMATION OF THE IMPLEMENTATION MINISTER OF FINANCE REGULATION (PMK) NUMBER 66 OF 2023 CONCERNING INCOME TAX TREATMENT OF REIMBURSEMENT OR REWARDS IN CONNECTION WITH OCCUPATION OR SERVICES RECEIVED OR OBTAINED IN THE FORM OF BENEFIT IN KIND AND/OR ENJOYMENT Official Memorandum No. ND-14/PJ/PJ.02/2024 dated July 8, 2024, aims to provide uniformity and … Read more

MINISTRY OF FINANCE REGULATIONS NO. 9 YEAR 2024 (PMK 9/2024) CONCERNING SALES TAX ON LUXURY GOODS ON THE IMPORT AND/OR DELIVERY OF TAXABLE LUXURY GOODS IN THE FORM OF CERTAIN FOUR-WHEELED BATTERY-BASED ELECTRIC VEHICLES BORNE BY THE GOVERNMENT IN THE 2024 FISCAL YEAR This regulation aims to support the Government policy in transitioning from the … Read more

MINISTRY OF FINANCE REGULATIONS NO. 8 YEAR 2024 CONCERNING VALUE ADDED TAX ON DELIVERY OF CERTAIN FOUR-WHEELED BATTERY-BASED ELECTRIC VEHICLES AND CERTAIN BUS BATTERY-BASED ELECTRIC VEHICLES BORNE BY THE GOVERNMENT This regulation aims to continue government support to provide fiscal incentives in the form of Value Added Tax (VAT) for the delivery of certain four-wheeled … Read more