Tax Focus : VAT and LST facilities for certain electric vehicles and residential properties extended
Customs Focus : Further updates on customs, excise, and tax on import and export of consignment goods regulations | Regulation on voluntary declaration is updated
Tax Focus: Update on special VAT imposition base and final VAT mechanism
Customs Focus: Regulation on safeguard duties for certain wool products is issued | Regulation on anti-dumping import duties for hot rolled plates imported from China, Singapore, and Ukraine is issued
Tax Focus: Tax deduction for provisions for doubtful debts in the financial services industry | PMK-81 / 2024 harmonizes various tax regulations affected by Coretax implementation: Part II
Tax Focus: Anti-tax avoidance provisions on automatic exchange of information updated | Income tax treatment of income earned from export proceeds of natural resources updated
Customs Focus: Regulation of safeguard duties on textiles, carpets, and other textile floor coverings issued
Tax Focus: Thirteen jurisdictions added to list of reservations and notifications for MLI | Regulation implementing the use of single identity number in tax administration services issued
Customs Focus: Regulation on rules of origin and certificate of origin for imported goods in relation to safeguard measures issued
Tax Focus: VAT facility on the sale of certain residential properties extended | VAT facility on sale of certain qualifying battery-based electric vehicles extended | LST facility introduced for qualifying battery-based electric vehicles
Customs Focus: Amendment to regulation on goods classification system and import duty tariffs
Tax Focus: Regulation grants eligibility for preliminary VAT refunds on BEVs | Government to bear VAT on sales of certain residential properties | Use of national identification number as tax identification number postponed
Customs Focus: List of restricted imports on drugs and foods is updated | Procedures on issuance, suspension, and revocation of excisable goods entrepreneur identification number | Effective date on the regulation relating to customs, excise, and tax on import and export of consigned goods is rectified to start earlier
Tax Focus: New regulation on tax collection procedures issued
Customs Focus: Updates on procedures for imposition of import duty tariffs on imported goods based on the Japan – Indonesia Economic Partnership Agreement (JIEPA)
Tax Focus: New VAT facility introduced for battery-based electric vehicles | Further guidance issued on VAT treatment of delivery of foreclosed collateral
Customs Focus: Procedures for submitting certificates of origin and/or origin declarations in relation to import duty tariffs imposed on international treaties-based imported goods
Tax Focus: Tax incentives and facilities to promote investment in new capital city announced | Reduced imposition base for withholding tax on royalty income received/obtained by certain domestic individual taxpayers
Customs Focus: Customs facilities for business players in IKN | Updates on notifications of completely-produced excisable goods
Tax Focus: Regulations providing tax incentives during the COVID-19 pandemic further extended | Use of National Identification Number as Tax Identification Number | Taxation for sole proprietorship
Tax Focus: VAT regulations updated to synchronize with Law on Harmonization of Tax Regulations | Regulation on tax and nontax payments to the state for coal mining industry issued
Customs Focus: Update on procedures for clearance of imported goods for use
Tax Focus: Regulations governing income tax and VAT treatments of financial technology issued | Regulation governing VAT and income tax treatment of cryptoasset trading issued | Implemented VAT on commission fee for insurance agency and brokerage
Customs Focus: New stipulation of Goods Classification System and Imposition of Import Duty Tariffs on imported goods
Tax Focus: Final income tax rates for construction services updated | List of business sectors eligible for investment under voluntary disclosure program issued
Customs Focus: Addition of goods classification and imposition of import duty tariffs on imported goods for motor vehicle industry
Tax Focus: Tax reliefs for medical goods and activities related to COVID-19 pandemic to be extended | New Indonesia – Singapore tax treaty enters into force | Updated regulation on preliminary tax refunds issued
Customs Focus: Imposition of import duty tariffs on imported goods based on the Agreement on Trade Preferences among D-8 member countries