The Director General of Tax (“DGT”) has issued circular number SE20/PJ/2017 (“SE-20”) concerning supervision of taxpayers after the tax amnestyRead more
In order to grant reductions to taxpayers that are facing financial difficulty, in this case an individual or legal entityRead more
On June 5, 2017, the Director General of Tax (“DGT”) issued a letter No. S-268/PJ.02/2017 (“S-268”) on affirmation of nullificationRead more
In relation to the disclosure of financial information for taxation purpose as stipulated under Government Regulation in Lieu of LawRead more
Deemed dividend and calculation base for Indonesian taxpayer’s capital participation in non-listed foreign entity. On 27 July 2017, the MinisterRead more
The new regulation stipulates that the previous Customs ID Number, known as Nomor Identitas Kepabeanan (NIK), is now replaced by the Tax ID Number (Nomor Pokok Wajib Pajak – NPWP).Read more
The Indonesian Ministry of Finance has finally issued
a new regulation No. 213/PMK.03/2016 (“PMK-213”) on 30 December
2016, which requires taxpayers with certain conditions to prepare a
three-tiered approach to transfer pricing documentation
We have had many meetings with our clients and have found the following interesting facts:
Some companies are sceptical about the program, but after careful analysis, it is suggested that the program may provide a huge benefit to these companies.
On the other hand, there are some companies that initially believed the amnesty would provide a huge advantage but later after thorough analysis, the results suggested otherwise.
GNV Consulting Services is a business advisor independent of any accounting firm, free from conflict and independence issues, providing non-attest services for tax, customs and related trade regulatory issues in Indonesia. Its personnel comprise individuals with professional certification and licenses as tax and customs consultants and Tax Court attorneys.Read more