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Popular Reads

Much ado about asset forfeiture
The benefit of the doubt has expired
Mass poisonings cast doubt on free meals reforms
New data rules could unlock cross-border data flows
Children are no longer the priority, were they ever?

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Popular Reads

Much ado about asset forfeiture
The benefit of the doubt has expired
Mass poisonings cast doubt on free meals reforms
New data rules could unlock cross-border data flows
Children are no longer the priority, were they ever?

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Can't find what you're looking for?

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tax-collection

Indonesia defends digital tax policy despite US scrutiny
Business 6 years ago

Indonesia defends digital tax policy despite US scrutiny

The new Finance Ministerial Regulation No. 48/2020 states that the tax authority will impose a 10 percent VAT on digital products.
State revenue to contract 10% as businesses suffer, tax incentives take effect: Sri Mulyani
Business 6 years ago

State revenue to contract 10% as businesses suffer, tax incentives take effect: Sri Mulyani

Finance Minister Sri Mulyani Indrawati said on Monday that state revenue would amount to Rp 1.76 quadrillion (US$65 billion) this year.
Tax revenue down 5 percent as COVID-19 hits businesses
Business 6 years ago

Tax revenue down 5 percent as COVID-19 hits businesses

National tax revenue has fallen by 5 percent as of February compared to the same period last year as corporate income was severely hit by an economic slowdown blamed largely on the COVID-19 pandemic.
State-owned companies promise higher dividends, stock buyback to help economy
Business 6 years ago

PREMIUM
State-owned companies promise higher dividends, stock buyback to help economy

All four state-owned banks have allocated larger dividends earlier than last year as the government struggles with low tax collection.
Challenges of implementing tax examination abroad
Opinion 6 years ago

Challenges of implementing tax examination abroad

Even though some economic jurisdictions are not Indonesia’s trading partners, the risk of tax avoidance remains because the assets of Indonesian taxpayers are parked in those countries.
Full salary: Manufacturing workers freed from six-month income tax burden
Business 6 years ago

Full salary: Manufacturing workers freed from six-month income tax burden

Workers in the manufacturing industry will not have to pay income taxes for six months as the government announced  measures to shield the economy from weakening economic activity against the backdrop of the coronavirus pandemic.
‘I did it!’: Six million taxpayers, including Sri Mulyani, report annual tax returns
Business 6 years ago

‘I did it!’: Six million taxpayers, including Sri Mulyani, report annual tax returns

The ministry announced that 6.27 million taxpayers had filed their annual tax returns as of Monday.
Indonesia announces $742m stimulus to shield economy from virus
Business 6 years ago

PREMIUM
Indonesia announces $742m stimulus to shield economy from virus

The government will also add Rp 1.5 trillion to housing loan and down payment subsidies for low-income Indonesians.
Government to unify regional taxes, punish recalcitrant administrations
Business 6 years ago

PREMIUM
Government to unify regional taxes, punish recalcitrant administrations

The government plans to unify regional taxes and impose fiscal punishments on regional administrations whose bylaws are not in line with the national policy in a bid to attract investment.
This week’s tax updates: Treaty with Singapore, omnibus bill submission
Business 6 years ago

PREMIUM
This week’s tax updates: Treaty with Singapore, omnibus bill submission

The government is amplifying tax collection efforts by submitting an omnibus bill on taxation to the House of Representatives this week as well as signing a double-tax avoidance agreement with Singapore.

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