An Update on CbC Reporting Regulations in Indonesia

It has been approximately a year since the release of Minister of Finance Regulation No. PMK 213/PMK.03/2016 that the CbC Reporing implementing regulation is finally published by the DGT through Peraturan Dirjen Pajak No. PER-29/PJ/2017. Nevertheless, PER-29 has succeeded in providing much clarity to the implementation of CbC Reporting requirement that has not been clarified sufficiently yet in PMK-213.