Tax Incentives for Taxpayers Affected by Corona Virus Outbreak, Relating to Payroll

Summary of Regulation of the Minister of Finance No. 44 / PMK.03 / 2020 A. Criteria for Granting Income Tax (PPh 21) Borne by the Government 1.Company: a. Has a Code of Business Classification (KLU) as listed in appendix A-PMK No.44 and has…

The Director General of Taxation (DGT) Declared March 14 to April 30, 2020 as FORCE MAJEURE Period

DGT Decision No. KEP-156/PJ/2020 The DGT decided that as a result of the spread of Covid-19, the period from March 14, 2020 to April 30, 2020 has been declared as force majeure period. The following are the relaxation provisions granted as…

Submission of LKTP (Annual Financial Statements of Companies)

Ministry of Trade Regulations No.25 Year 2020 On March 16, 2020 the Ministry of Trade issued new regulations relating to submissions of companies’ annual financial statements (LKTP), replacing the previous regulation about the same subject…

Tax Incentives for Taxpayers Affected by Corona Virus Outbreak, relating to Payroll

Summary of Regulation of the Minister of Finance No. 23 / PMK.03 / 2020, regarding Tax Incentives for Taxpayers Affected by Corona Virus Outbreak, relating to Payroll A. Criteria for Granting Income Tax (PPh 21) Borne by the Government 1. Company:a.…

Limitation of Taxation Services for Prevention of Spreading of Corona Virus (Covid-19)

Nomor: SP-09/2020 Jakarta, March 15, 2020 In line with government efforts to prevent the spread of the Corona virus (COVID-19), effective from March 16 to April 5, 2020, the Tax Office’s Integrated Service Centers temporarily stop…

The Government Announces Second Economic Stimulus to Address the Impact of COVID-19

PRESS RELEASE No. HM.4.6 / 32 / SET.M.EKON.2.3 / 03/2020 The Government Announces Second Economic Stimulus to Address the Impact of COVID-19Jakarta, March 13, 2020 Fiscal stimulus in the context of handling COVID-19 1. Relaxation of…

Batasan Upah Jaminan Pensiun Tahun 2020

Menindaklanjuti ketentuan PP Nomor 45 Tahun 2015 tentang Penyelenggaraan Program Jaminan Pensiun, dapat disampaikan hal-hal sebagai berikut :BPJS Ketenagakerjaan setiap tahun menyesuaikan besaran Upah tertinggi dengan…

BPJAMSOSTEK New Benefits 2020

Good news for Indonesian workers!. At the end of 2019, the Government increased the BPJAMSOSTEK’s Protection benefits of Work Accident Security (JKK) and Death Security (JKM) programs without increasing payment of contributions.Work Accident…

Jaminan Pensiun Tahun 2019

Menindaklanjuti ketentuan Peraturan Pemerintah Nomor 45 tahun 2015 tentang Penyelenggaraan Program Jaminan Pensiun, khususnya yang berkaitan dengan besaran upah tertinggi untuk pelaporan upah tenaga kerja kepada BPJS Ketenagakerjaan dan besaran…

Government's Tax Reform Plan

On 3 September 2019 the Minister of Finance announced the Government’s plan to propose a number of changes to the Income Tax, Value Added Tax (VAT), and General Tax Provision laws. The process of the change of the legislation is still at…