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The Urgency and Impact of an 11% VAT Rate Increase
- March 24, 2023
- Posted by: t@xprime
- Categories: Domestic Tax Compliance, RETAIL, Tax, Tax Advisory, Technology, VAT Refund Assistance
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11% VAT Rate Increase – The Indonesian government has made changes to two new tax rates, namely Individual Income Tax and Value Added Tax (VAT) which effect on April 1, 2022. This is regulated by the provisions of the Tax Harmonization Law (UU HPP) 2021.
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Tax Facilities Provided in the Context of Realizing Nusantara Capital (IKN)
- March 21, 2023
- Posted by: t@xprime
- Categories: Domestic Tax Compliance, Tax, Tax Updates
The President of the Republic of Indonesia has issued Government Regulation Number 12 of 2023 (PP 12), which regulates business permits, ease of doing business, and investment facilities for business players in the Nusantara Capital.
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Shortening the Preliminary Investigation Period
- March 21, 2023
- Posted by: t@xprime
- Categories: Domestic Tax Compliance, Tax, Tax Updates
The Ministry of Finance issued Minister of Finance Regulation (MoF Reg) Number 177 of 2022[1] which contains new guidelines on procedures for the Preliminary Investigation of criminal acts in the field of taxation.
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Input Tax That Can Be Credited by Taxpayers
- March 13, 2023
- Posted by: t@xprime
- Categories: Custom Advisory, General Corporate Tax, Tax Advisory, Tax and Customs Dispute Resolution, Tax Audit Assistance, Tax Objection Assistance, VAT Refund Assistance
Input Tax collected with issuance of tax assessment can be credited by Taxable Person in the amount of total Value Added Tax principal listed in tax assessment with the provision that the tax assessment mentioned has been paid, there is no legal action, and complied with the crediting provisions in accordance with this Law.
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Audit Stages to Test Taxpayer Compliance
- March 9, 2023
- Posted by: t@xprime
- Categories: Domestic Tax Compliance, General Corporate Tax, Tax, Tax Audit Assistance
Based on its purpose, audit is divided into two, which specifically are audit to test compliance and audit for other purposes. The discussion this time will focus on audit to test taxpayer compliance.
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Donations Costs and Corporate Social Responsibility
- March 7, 2023
- Posted by: t@xprime
- Categories: Domestic Tax Compliance, Individual Income Tax Return, Tax
Donations are costs which incurred voluntarily and without any coercion. Under Indonesian tax regulations, donations costs are not allowed to be deducted when calculating taxable income.
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Customs Provisions for Imported Passenger Luggage
- March 3, 2023
- Posted by: t@xprime
- Categories: Custom Advisory, Custom and Excise Assistance, RETAIL, Tobacco
Along with the increasing activity of international flights, of course there are various provisions that we must comply with, one of which is the regulation on customs provisions for imported passenger luggage.
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Selebgram Endorsement in Tax Perspective
- March 1, 2023
- Posted by: t@xprime
- Categories: Domestic Tax Compliance, Individual Income Tax Return, Tax
Endorsement is a way of advertising. Is it taxable? Well, since there are two types of endorsements, namely paid endorsements (which are common) and unpaid endorsements. It could be taxable or non-taxable.
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Adjustment Of Income Tax Regulations
- February 28, 2023
- Posted by: t@xprime
- Categories: Domestic Tax Compliance, Individual Income Tax Return, Newsletter
Government Regulation number 55 of 2022 is a regulation to implement the provisions of Article 4 paragraph (2) letter e, Article 4 paragraph (3) letter a number 1, Article 17 paragraph (2e), and Article 32C of Law Number 7 of 2021 concerning Tax Regulations Harmonization Law.
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The Impact of VAT Increases on Society Amid the Easing of the Covid-19 Pandemic
- February 23, 2023
- Posted by: t@xprime
- Categories: Domestic Tax Compliance, RETAIL, Tax Audit Assistance, VAT Refund Assistance
As of April 1 2022, the Value Added Tax (VAT) rate has increased from 10 to 11 percent following Harmonization of Tax Regulations (LAW 7/2021)
