This regulation affects tax bearers for both personal taxpayers (e.g. individuals, heirs, guardians, etc.) and corporate taxpayers (i.e. the corporate taxpayers themselves and the managements of corporate taxpayers) in situations where respective taxpayers fail to settle their outstanding taxes
Management should also be implemented in line with the following conditions: 1) Energy providers that utilize energy/energy sources 6,000 equivalent tons of oil per year; 2) Users of energy/energy sources that utilize energy/energy sources 4,000 equivalent tons of oil per year (for the transportation and industrial sectors) and 500 equivalent tons of oil per year (for the building sector)
Commencing January 2025, all banks operating within Indonesia will be required to pay premiums for the Bank Restructuring Program to the Deposit Insurance Corporation. Said payments should be completed twice a year as follows: 1) 1 January - 30 June (to be paid by 31 January at the latest); 2) 1 July - 31 December (to be paid by 31 July at the latest)
All BMKT transportation must be accompanied by members of the Special Police Force for the Management of Coastal Zones and Small Islands, as well as by State Officials who are appointed by the Director-General of Marine Spatial Management
Minimum limits for TKDN values have been set for the following: 1) Construction work (i.e. water resources, highways, human settlements, housing); and 2) Consulting services. Said minimum limits for TKDN differ and range from 25% - 85%
Whereas previously, PJK were divided into three main parties, specifically those that were grouped under the banking sector, the capital-market sector and the non-bank sector, this new regulation states that there are now 18 types of PJK (conventional/sharia) that are subject to mandatory compliance with the various provisions addressed therein, including: 1) Banks; 2) Custodians; 3) Trustees; 4) IT-based crowdfunding services; 5) IT-based transaction services and financial sector technology innovation organizers; and so forth
Any deposits that remain after debt settlements relating to depositor obligations have been completed by the LPS should now be settled based on the following provisions: 1) Remaining deposits with values that have been insured: should be paid by the LPS; and/or 2) Remaining deposits with values that exceed those that have been insured: should not be paid by the LPS and should be settled through a bank liquidation mechanism
The implementation of quarantine will be integrated and coordinated under a single body that will be the responsibility of the president, the establishment of which should be completed by no later than 6 December 2023
The government is now offering a more relaxed policy for mining business actors who are in the process of constructing domestic refinery facilitiesfor metal mineral commodities
The SKKNI provides three relevant competence units for movie censors, specifically: 1) Movie research for censorship purposes, which encompasses four competence elements; 2) Movie evaluations for censorship purposes, which encompass four competence elements; and 3) Reports on appropriateness recommendations for movies, which encompass two competence elements