-
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
No Comments
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.
-
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.
-
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.
-
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)
-
Changes in Application of Value Added Tax
- February 15, 2023
- Posted by: t@xprime
- Categories: Domestic Tax Compliance, General Corporate Tax, Newsletter, VAT Refund Assistance
Government Regulation 44 also revokes and replaces Government Regulation number 1 year 2012 (referred as GR 1) which is no longer in accordance with HTR Law and the administrative needs of VAT and Sales Tax on Luxury Goods.
-
Procedure for Filling in Tax Invoices in Construction Service Businesses Based on PER 24 of 2012
- February 9, 2023
- Posted by: t@xprime
- Categories: Assistance on Monthly Tax Compliance, Preparation or Review on Corporate Income Tax Return, Tax Audit Assistance, VAT Refund Assistance
Based on PER 24 of 2012, construction service has different tax treatment from others since it’s subject to Final Income Tax on their income.
-
Sales Tax on Luxury Goods for Vehicles
- November 7, 2022
- Posted by: t@xprime
- Categories: General Corporate Tax, Tax Audit Assistance, VAT Refund Assistance
-
Income Tax and Value-Added Tax on The Implementation of Financial Technology
- October 14, 2022
- Posted by: t@xprime
- Categories: General Corporate Tax, Tax Updates, VAT Refund Assistance
Income Tax and Value-Added Tax on Financial Technology implementation based on Minister of Finance Regulation Number 69/PMK.03/2022
