The Amendment has now clarified that relevant importers are first required to deposit collateral with the relevant customs-and-excise office head. Said collateral may take one of the following forms: 1) Cash; 2) Bank guarantees; 3) Guarantees that are provided by insurance companies; 4) Guarantees that are provided by the Indonesian Export Financing Agency (Lembaga Pembiayaan Ekspor Indonesia/LPEI); 5) Guarantees that are provided by guarantor agencies; 6) Corporate guarantees; and/or 7) Written guarantees
In addition to the existing five types of premium objects that can be awarded to any individuals, groups of people or work units that contribute to the handling of customs violations, premium objects can now also derive from the following: 1) Administrative fines for criminal violations that are not subject to investigations; or 2) Administrative fines for criminal violations for which the relevant investigations are suspended in the interests of state revenue
While core provisions that address the securing of legal attorney ("Attorney") permits through the tax court ("Permits") have been retained, various documents that are required to be submitted electronically via the tax courts official website along with applications for the securing of Permits should now take the form of soft copies of original documents. Moreover, the following additional documents should now be submitted in order to ultimately secure the aforementioned Permits: 1) Family card (kartu keluarga), in the event that an application is being submitted by a wife whose rights and fulfillment of obligations are combined with those of her husband; and 2) Statement letter declaring that all submitted documents are correct and align with the original copies of the relevant documents.
the Draft Regulation introduces a number of revisions, which include the enforcement of post-border and border area supervision in relation to certain types of consumer goods, sources of ionizing radiation and nuclear materials
This edition of ILB explores key aspects of the most recent regulatory framework on the withholding of PPh 21 and PPh 26, including the issuance of proof of withholding, tax notifications and the introduction of the e-Bupot app. We also take a look at the various forms of proof of withholding for different tax scenarios by detailing the relevant forms, requirements and submission timelines.
While a total of 10 forms of DKI Jakarta regional taxes and retribution (collectively referred to as "Regional Levies") have now been consolidated, certain Regional Levies will be enforced on a gradual basis between now and 2025. This gradual enforcement breaks down as follows: 1) For Motorized Vehicle Tax (Pajak Kendaraan Bermotor/PKB) and Motorized Vehicle Ownership Transfer Duty (Bea Balik Nama Kendaraan Bermotor/BBNKB): to be enforced by 5 January 2025; 2) For general services retribution for housing garbage/sanitation, as organized by community associations (rukun warga): to be enforced by 1 January 2025; 3) Retribution for multistory housing unit rental services: to be enforced by 1 July 2024; and 4) Retribution for garbage end process services: to be enforced by 1 April 2024.
While taxpayers and entrepreneurs with certain gross turnovers (either individual or business entities) are still subject to final income tax (Pajak Penghasilan "PPh") for certain periods ("Final PPh"), it has now been clarified that the applicable tariff for said Final PPh has been set at 0.5% of generated gross turnover.
The Indonesian Government recently introduced a new framework that specifically addresses the harmonization of national fiscal policy ("National Policy") in order to strengthen the financial relationship between central and regional governments. The aforementioned harmonization will be carried out through the organization of the following matters: 1) Synergy of National Policy ("Policy Synergy"); 2) Regional debt financing; 3) Funding synergy; and 4) Regional Endowment Funds (Dana Abadi Daerah "DAD").
This Regulation features a new set of guidelines that address the withholding of Income Tax (Pajak Penghasilan "PPh") of the Article 21 and/or Article 26 types in line with Law No. 7 of 1983 on PPh
Three categories of effective monthly PPh-21 tariffs are available, specifically: Category A, Category B and Category C, which encompass 0% 34% tax tariffs in accordance with certain gross monthly incomes.