Tax Relaxation of Luxurious Housing, Control of Local Tax, and Restructuring of Tax Authority

Tax Relaxation of Luxurious Housing, Control of Local Tax, and Restructuring of Tax Authority

Newsletter - Tax Relaxation of Luxurious Housing, Control of Local Tax, and Restructuring of Tax Authority

DDTC Newsletter Vol.01 | No.09

27 June 2019

Total Downloads 909

This edition covers five new tax regulations in Indonesia. In general, there exist two new provisions providing relaxation for taxation on the luxurious property in Indonesia by increasing the threshold of the selling prices and transfer prices as well as decreasing Article 22 Income Tax rate. In light of regional taxation, new regulations pertaining to the control mechanism through withholding tax of local expenditure have been issued. In addition, as part of the DGT’s internal reforms, the Directorate of Tax Data and Information, that will commence work on July 2019, has recently been established. Lastly, changes have been made to the layers of sanctions for customs duties and export duties underpayments.

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Newsletter - Tax Relaxation of Luxurious Housing, Control of Local Tax, and Restructuring of Tax Authority

DDTC Newsletter Vol.01 | No.09

27 June 2019

Total Downloads 909

This edition covers five new tax regulations in Indonesia. In general, there exist two new provisions providing relaxation for taxation on the luxurious property in Indonesia by increasing the threshold of the selling prices and transfer prices as well as decreasing Article 22 Income Tax rate. In light of regional taxation, new regulations pertaining to the control mechanism through withholding tax of local expenditure have been issued. In addition, as part of the DGT’s internal reforms, the Directorate of Tax Data and Information, that will commence work on July 2019, has recently been established. Lastly, changes have been made to the layers of sanctions for customs duties and export duties underpayments.

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Nameyour full name
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