Indonesian Legal Aid Foundation insists that the state?s efforts to protect the nation?s sovereignty must be both in line with established legal principles and constitutionally mandated
One of the most controversial draft bills in Indonesian legislative history has been incorporated into the 2017 national prioritized-legislation program. Indeed, the Draft Bill on Palm Oil has now come to the attention of the general public, particularly environmental activists who argue that the bill focuses solely upon bolstering the investment climate within the palm-oil sector to the detriment of environmental protection. This edition of ILD will analyze the draft bill and elaborate upon its key provisions.
The House of Representatives should be more active in supervising the negotiation process
Stocks of BBM remained sufficient and no region experienced an electricity deficit
PBB Deductions Can Now Be Granted Under Two Conditions
Risks for early sellers increasing as a result of repo chains
As primary powerhouses of the Indonesian economy, the countrys various State-Owned Enterprises (BUMN) not only have a vital role to play in the production of critical goods and services, but also act as pioneers for business sectors which have yet to be fully engaged with by the private sector. The current legal framework for Indonesias BUMN, specifically Law No. 19 of 2003 on State-Owned Enterprises, has now been deemed obsolete however. As a result, the House of Representatives is currently deliberating a new Draft Bill on State-Owned Enterprises, which will update various BUMN-related issues.
Moving on to the second half of this two-parter, this edition of ILD will discuss the applicable legal frameworks which relate to access to financial information for domestic tax-enforcement purposes. These legal frameworks are based upon Perppu 1/2017 and Ministry Regulation 70/2017, as well as the currently still-under-deliberation Draft Bill on General Provisions and Procedures for Taxation.
The Islamic holiday of Eid al-Fitr is just around the corner and this occasion is often used by many as an opportunity to travel abroad, either for holiday purposes or to visit family. This edition of ILD aims to offer a little insight into various areas which must be taken into account before flying overseas. Our discussion will be structured around a theoretical flight timeline, specifically pre-departure, in flight and returning to Indonesian territory. And finally, may we take this opportunity to wish you a wonderful holiday!
Realizing that theres a possibility of large amounts of revenue being generated, the government has been continuously striving to improve and modernize the countrys tax sector. After winding up the tax-amnesty program, the government has now comes up with various strategies designed to ensure better compliance in this sector. One of these strategies involves providing better access to tax data and information which relates to both individuals and corporations. This can be achieved through the implementation of both domestic and international approaches. This edition of Indonesian Law Digest will focus its discussion upon the collection of tax-related information through an international approach based on various international treaties which address the exchange of information.