The Draft Bill aims to encourage public compliance as regards issues of tax liability through the implementation of a tax amnesty, which will be offered for a limited-time. Under the tax-amnesty program, the state will waive both the taxpayers outstanding payable taxes and fines, and, moreover, will not seek any criminal prosecution of taxpayers.
To address e-commerce issue and traditional businesses
Extraordinary crimes requires a special judiciary mechanism
No divestment proposal has been submitted
The formula is considered to violate the Labor Law
New businesses like cemetery services and assisted living will be included in the revision
This edition of Indonesian Law Digest (ILD) will discuss and highlight key aspects of the Draft Bill, and will cover issues relating to: The establishment of the KSSK; Procedures relating to the resolution of problems in the financial system; and Procedures relating to the handling of troubled SIBs.
SCR concept seen as better able to ethically reflect the commitment of mining companies to social equity.
Business organization also advocates revision of regulations as a way of improving Indonesia?s investment climate
Bilateral agreements and MoUs with ASEAN member countries to be engaged in as a temporary measure