Kamis, Februari 21, 2019

2017 - 2018 Taxation Reform: Nine New Policies

In a bid to reform Indonesia’s current tax regime, the Directorate-General of Tax (“Directorate-General”) has issued a number of new policies which address the following tax-related issues: 1) Simplification of the tax-return reporting obligation, which includes the introduction of the electronic reporting of tax returns; 2) Simplification of the tax-return service, which includes the channeling, expansion and simplification of the e-Filing appendix; 3) Implementation of Taxpayer Status Confirmation Information; 4) Validation of Tax-Sector Letters for developers, which allows for verification requests to be completed online through the submission of application letters and lists of income-tax payments only; 5) Implementation of host-to-host E-Faktur for state-owned enterprises (“BUMN”), which allows for the integration of Directorate-General and BUMN taxation data, as well as for the utilization of host-to-host, E-Faktur applications, and so forth; 6) Acceleration of restitution; 7) Updated export-proceeds policy, which expands the criteria for new and roll-over deposits and which now allows for deposits to be made in different banks; 8) Updated policy on foreign tax credits, which simplifies the relevant administrative requirements; and 9) Issuance of Regulations on natura and amenities in certain areas.
For more on this story, see Hukumonline: Pokok-Pokok Reformasi Perpajakan Periode 2017-2018”

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In a bid to reform Indonesia’s current tax regime, the Directorate-General of Tax (“Directorate-General”) has issued a number of new policies which address the following tax-related issues: 1) Simplification of the tax-return reporting obligation, which includes the introduction of the electronic reporting of tax returns; 2) Simplification of the tax-return service, which includes the channeling, expansion and simplification of the e-Filing appendix; 3) Implementation of Taxpayer Status Confirmation Information; 4) Validation of Tax-Sector Letters for developers, which allows for verification requests to be completed online through the submission of application letters and lists of income-tax payments only; 5) Implementation of host-to-host E-Faktur for state-owned enterprises (“BUMN”), which allows for the integration of Directorate-General and BUMN taxation data, as well as for the utilization of host-to-host, E-Faktur applications, and so forth; 6) Acceleration of restitution; 7) Updated export-proceeds policy, which expands the criteria for new and roll-over deposits and which now allows for deposits to be made in different banks; 8) Updated policy on foreign tax credits, which simplifies the relevant administrative requirements; and 9) Issuance of Regulations on natura and amenities in certain areas.
For more on this story, see Hukumonline: Pokok-Pokok Reformasi Perpajakan Periode 2017-2018”

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