Updated Regulation Issued on the Collection of Individual and Corporate Tax Debt

In line with the various changes that were introduced under the framework of Law No. 7 of 2021 on the Harmonization of Tax Regulations, the Minister of Finance (“Minister”) has deemed it necessary to issue Regulation of Minister No. 61 of 2023 (“Regulation 61/2023”), which updates the procedures that apply regarding the implementation of the collection of outstanding tax.[1] Previously, said procedures were stipulated under the now obsolete[2] Regulation of the Minister No. 189/PMK/04/2020 (“Regulation 189/2020”)[3] and Decree of the Minister No. 85/KMK.04/2002 and its Amendment.