Minister of Finance Issues Provisions on the Use of Electronic Stamp Duty

In an attempt to implement various provisions originally addressed under Law No. 10 of 2020 on Stamp Duty, as well as to introduce new provisions that specifically address electronic stamp duty and which did not previously feature under the framework of Regulation of the Minister of Finance (“Minister”)  No. 4/PMK.03/2021 (“Regulation 4/2021”), the Minister has issued No. 134/PMK.03/2021 on Payments of Stamp Duty, General Characteristics and Special Characteristics of Stamps, Unique Codes and Certain Information on Electronic Stamps, Stamps in Other Forms, Determinations of the Validity of Stamps and Paid Post-Dated Stamps (“Regulation 134/2021”). As a result, Regulation 4/2021 has now been replaced and repealed.[1]