Reduction and Waiver of PBB and its Administrative Sanction
DKI Jakarta Governor issued Governor Regulation No. 103 Year 2016 (PerGub DKI Jakarta No. 103 Tahun 2016) on April 22, 2016 to... Read More
KEP DJP No. KEP-56/PJ/2016
On April 12, 2016, DGT issued KEP DJP No. KEP-56/PJ/2016 as a response to internal network trouble occurring on October 15, 2015... Read More
Tax rulings and State aid – Growing uncertainty
Tax rulings seek to provide taxpayers with certainty on how a particular transaction will be treated by the tax authorities. However, in... Read More
Zero Tax on Indonesia’s Bonds Seen Reviving Dying Sukuk Market
Indonesia’s plan to scrap a tax paid by bondholders on their interest payments looks set to inject new life into the nation’s... Read More
To get more people to pay taxes, Indonesia should stamp out corruption by officials at the top
It’s vital for Indonesia, which is struggling to increase tax revenue, to stamp out corrupt activities wherever possible. A developing country with... Read More
Bank Indonesia Less Optimistic on Tax Amnesty Revenue
Jakarta. Bank Indonesia and the Finance Ministry have differing estimations of the amount of additional revenue from the tax amnesty program due to the... Read More
Is it becoming harder for international firms to avoid tax?
Facebook’s decision to start paying more tax in the UK suggests that multi-nationals may be beginning to bend to public pressure. It... Read More
Amendment of PMK 191/PMK.010/2015 about Revalution of Fixed Assets for Tax Purposes Submitted in 2015 and 2016
On December 21, 2015, the Ministry of Finance stipulated PMK 233/PMK.03/2015 as an amendment of PMK 191/PMK.010/2015 about Revaluation of Fixed Assets... Read More
Indonesia set to dangle tax amnesty before rich citizens
Bid to get tax evaders to come clean over onshore and offshore assets could boost govt revenue. Indonesian lawmakers are expected to... Read More
Yellen on negative rates: ‘We wouldn’t take those off the table’
As recession fears mount in the U.S., Fed Chair Janet Yellen conceded there’s a “chance” of a downturn ahead. She also said... Read More