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A corporate taxpayer who wishes to obtain additional gross income reduction from research and development (R&D) activities must fulfill several obligations first. The provisions regarding these obligations are regulated in the Minister of Finance Regulation No. 153/PMK.010/2020 concerning Provision of Gross Income Reductions for Certain Research and Development in Indonesia ( PMK 153/2020 ). Initially, to take advantage … Read more

INVESTMENT is one of the keys to accelerating and increasing development. In addition, investment also plays a role in accelerating the national economy. In the previous description, the terms and criteria for corporate taxpayers to obtain tax allowance facilities have been explained. This article describes the forms of tax allowance facilities that apply in Indonesia. In general, provisions regarding tax allowances are … Read more

IN the tax system known as income tax (PPh) which is final. In general, this final income tax scheme is only applied to certain types of income with special mechanisms and rates. This tax scheme is also applied in the Income Tax Law in Indonesia. So, what is the definition and purpose of the imposition of final income … Read more

As explained in the previous article, one form of tax allowance facility provided by the Indonesian government is a reduction in net income by 30% of the total investment. The reduction in net income by 30% can be given to 2 things, namely tangible fixed assets including land, and tangible fixed assets other than land. This article will … Read more

By the provisions, the tax allowance facility in Indonesia in the form of a 30% reduction in net income can be given to 2 things, namely tangible fixed assets including land, and tangible fixed assets other than land. In the previous article, it has been explained about the provisions for tangible fixed assets including land which can … Read more

Tax allowance incentives are given to increase investment and economic growth as well as equitable development through acceleration in certain business fields/regions. To take advantage of this facility, corporate taxpayers must meet certain conditions and criteria that have been set. The terms and criteria for obtaining a tax allowance are regulated in Government Regulation no. 78 of 2019 concerning Income … Read more

MANDATORY for corporate tax who wish to obtain a tax allowance must apply in advance through the channels provided by the government. The main application for tax allowance is submitted online (online) through the online single submission (OSS) system. However, if the OSS is not yet available, the submission of a tax allowance application can be made offline. In this article, we will describe the … Read more

ALONG with the changes to the Income Tax Law (PPh) in Indonesia which have occurred 6 times since 1983 until now, the provisions for final income tax also continue to develop. Changes to regulations regarding final income tax were made to align policies with economic developments and tax administration. The development of the final PPh arrangement … Read more

APPLICATIONS for the tax allowance facility are submitted online through the Online Single Submission (OSS) system. However, in certain situations, applications for submitting tax allowances can also be submitted offline. The procedure for applying for a tax allowance offline is regulated in Government Regulation no. 78 of 2019 concerning Income Tax Facilities for Investment in Certain Business Fields and/or in Certain Regions ( PP 78/2019 ) … Read more

TODAY, the investment and savings instruments offered to the public are increasingly diverse. The public can find instruments in the form of savings, time deposits, bonds, discounted Bank Indonesia Certificates (SBI), and cooperative deposits with attractive yields or interest. From the taxation aspect, income in the form of interest or yields from savings deposit instruments, bonds, … Read more