| Issue Number : 5043

Seven Procedural Tax Adjustment Frameworks Consolidated: Fines for Rejected Tax Objections Now Reduced to 30%

In an effort to further streamline and improve the existing regulatory frameworks that currently govern the taxation sector, the Minister of Finance (“Minister”) has issued Regulation No. 118 of 2024 (“Regulation 118/2024”) on Procedures for Corrections, Objections, Reductions, Eliminations and Cancellations Within the Taxation Sector (collectively referred to as “Taxation Procedures”), which has been in force since 1 January 2025.[1]

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In an effort to further streamline and improve the existing regulatory frameworks that currently govern the taxation sector, the Minister of Finance (“Minister”) has issued Regulation No. 118 of 2024 (“Regulation 118/2024”) on Procedures for Corrections, Objections, Reductions, Eliminations and Cancellations Within the Taxation Sector (collectively referred to as “Taxation Procedures”), which has been in force since 1 January 2025.[1]

......

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Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

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professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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