- In an effort to ensure taxpayer compliance and improve taxpayer liquidity in line with certain criteria, the Minister of Finance ("Minister") has issued Regulation of the Minister No. 209/PMK.03/2021 on the Second Amendment to Regulation of the Minister No. 39/PMK.03/2018 on Procedures for Preliminary Tax Overpayment Refunds ("Second Amendment").
- The Second Amendment has added that revocations of decisions on determinations of taxpayers that meet certain criteria can now be carried out in cases where taxpayers: 1) Submit financial statements for a given tax year after being determined as taxpayers under certain criteria which are not audited by any public accountant or government financial supervisory agency; or 2) Submit financial statements for a given tax year after being determined as taxpayers under certain criteria which are audited by a public accountant or government financial supervisory agency resulting in an opinion other than unqualified.
- Preliminary reviews of any formal obligations relating to tax returns that are undertaken by the Director-General of Tax now also encompass taxpayers’ financial statements during the tax year after they have been determined as taxpayers under certain criteria which are audited by a public accountant or government financial supervisory agency resulting in an unqualified opinion.
- Taxpayers under certain criteria now include taxable businesses that submit periodic value-added-tax returns for restitution overpayments of up to a maximum of Rp. 5 billion (previously Rp. 1 billion).
- The Second Amendment has been in force since 1 January 2022.
......
Subscribe to read more legal analysis.
Hukumonline Pro Intelligence
Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda
*Syarat dan ketentuan berlaku
Ada Pertanyaan? Hubungi Kami 
Professional Solutions
University Solutions
Pro
My Workspace
Pro AI
Terfavorit
Allex QnA
Pro Compliance
