Framework for the Imposition of PPh upon Taxpayers with Certain Gross Turnovers Updated: Applicable Tariff and Mandatory PKP Reporting Further Clarified

In an effort to ensure greater legal certainty for taxpayers and entrepreneurs with certain gross turnovers (collectively referred to as “Taxpayers”), while simultaneously ensuring that the regulatory framework for income tax (Pajak Penghasilan – “PPh”) deriving from said Taxpayers is in line with the current legal requirements, the Minister has issued Regulation No. 164 of 2023 (“Regulation 164/2023”) on Procedures for the Imposition of Income Tax on Incomes Deriving from Taxpayers with Certain Gross Turnovers and Mandatory Reporting for the Purpose of Being Confirmed as Taxable Entrepreneurs (Pengusaha Kena Pajak – “PKP”),  which has been in force since 29 December 2023.[1]

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