Implementation of Multilateral Instruments (BEPS Action 15) in Indonesia It has come to the attention of governments around the world that aggressive tax planning practices of MNEs has shifted income to non-tax or very low tax jurisdictions. In light of this, the BEPS action plan has been introduced to tackle such issues. One of the […]

INDONESIAN TAX POLICIES RATIFIED AMIDST COVID-19 PANDEMIC We used to say that technology changes every detail of our lives with its fast pace. Currently, we have to acknowledge the existence of a new phenomenon that is also altering our lives much faster than technology, known as Coronavirus Disease 2019 (COVID-19). COVID-19, as its abbreviation suggests, […]

Covid-19 Poses Threat to National Economy, Indonesia Fortifies Regulations to Shield State Finance and Financial System Stability The implications of the Covid-19 pandemic in Indonesia have already made an impact in slowing down national economic growth, decline in State income as well as the rising state expenditures and financing. Such issues pose a definite threat […]

Update on Advanced Pricing Agreement (APA) In order for the application of the Advance Pricing Agreements to be in accordance with the International Standards of BEPS action 14, the Minister of Finance of the Republic of Indonesia issued PMK 22/PMK.03/2020 in March 2020, an update to the Treatment Procedures on APA of PMK 7 of […]

Members of the OECD/G20 Inclusive Framework of BEPS have been focusing on finding a solution to the tax challenges arising from the digitalization of the economy; as was stated in BEPS Action 1 – Addressing the Tax Challenges of the Digital Economy, agreed upon back in October 2015. On January 2020, a Statement on the […]

Updates on Indonesian Tax Incentives related to the COVID-19 pandemic Corona virus Disease 2019, also known as COVID-19, is a national disaster that has affected economic stability and public productivity. As the threat continues to escalate, the Indonesian Government deemed it necessary to extend the period of tax incentives in dealing with the COVID-19 pandemic, […]

8 Poin Perubahan Terpenting Undang–Undang Cipta Kerja No. 11 Tahun 2020 Klaster Perpajakan Bagian Pajak Penghasilan Pada tanggal 2 November 2020, Presiden Joko Widodo telah menandatangani Undang-Undang Nomor 11 Tahun 2020 tentang Cipta Kerja, setelah sebelumnya disahkan oleh Dewan Perwakilan Rakyat pada tanggal 5 Oktober 2020. Undang-Undang yang lebih dikenal dengan nama “Omnibus Law” atau […]

3 Poin Utama Perubahan Undang–Undang Cipta Kerja No. 11 Tahun 2020 Klaster Perpajakan Bagian Ketentuan Umum dan Tata Cara Perpajakan Menjadi salah satu Undang-Undang (“UU”) yang mengalami beberapa perubahan pada klaster perpajakan, terdapat beberapa poin penting pada UU Ketentuan Umum dan Tata Cara Perpajakan (“KUP”) yang perlu diperhatikan paska diundangkannya UU Cipta Kerja No. 11 […]

6 Main Changes on The Job Creation Law Number 11 Year 2020 Taxation Cluster on Value Added Tax On November 2, 2020, the Indonesian President Joko Widodo signed Law Number 11 of 2020 regarding Job Creation, after it was approved by the House of Representatives on October 5, 2020. The law, which is more known […]

RUU Harmonisasi Perpajakan: Program Pengungkapan Sukarela Tanggal 29 Oktober 2021 menjadi salah satu hari untuk tonggak pencapaian reformasi perpajakan di Indonesia. Setelah sebelumnya disetujui oleh Dewan Perwakilan Rakyat, draft Undang-Undang Harmonisasi Peraturan Perpajakan disahkan menjadi Undang-Undang No. 7 Tahun 2021 (“UU HPP”). Salah satu program yang diperkenalkan dalam UU HPP adalah Program Pengungkapan Sukarela Wajib […]