indonesia - Tax & Revenue - News

Government should consider Tax from YouTubers: Economist

Jakarta, Mar 26 (ANTARA) - The Government should consider demanding taxes from the informal sector, such as a YouTuber, as it has not been optimally explored, said the Institute for Development of Economics and Finance (Indef) economist, Aviliani.
Date: 26 March 2019; Type: Industry Updates; Source: Antara

Minister Indrawati to change Luxury Vehicle Sales Tax Scheme

Jakarta, Mar 12 (ANTARA) - Finance Minister Sri Mulyani Indrawati plans to change the scheme for imposing Sales Tax on Luxury Goods (PPnBM) for motorized vehicles, including no differentiation between sedans and non-motorized vehicles, and the imposition based on carbon emissions expenditure.
Date: 12 March 2019; Type: Legal News; Source: Antara

Finance Minister to probe Tax and Import Duties at Big Bad Wolf Expo

Jakarta, Mar 6 (ANTARA News) - Finance Minister Sri Mulyani Indrawati said that she would investigate the tax and import duties of all imported books sold at the 2019 Big Bad Wolf (BBW) Sale exhibition.
Date: 06 March 2019; Type: Industry Updates; Source: Antara

Finance Ministry mulls Income Tax Reduction on Corporate Taxpayers

Jakarta, Jan 8 (ANTARA News) - The Finance Ministry is considering a reduction in the tariff of income tax on corporate taxpayers to improve the competitive edge of the national industry.
Date: 08 January 2019; Type: Legal News; Source: Antara

Using Tobacco Tax to plug up BPJS Deficit Tax against Law

Jakarta, Sept 27 (ANTARA News) - The National Committee for Tobacco Control said the government regulation using revenue from tobacco tax to help plug up deficit in public health insurance (BPJS) is against the law.
Date: 27 September 2018; Type: Industry Updates; Source: Antara

50 per cent Cigarette Excise must be for Health Services: President

Jakarta, Sept 19 (ANTARA News) - President Joko Widodo laid emphasis here on Wednesday that 50 percent of the receipts from cigarette excise must be directed for health services.
Date: 19 September 2018; Type: Legal News; Source: Antara

Effective "tax refund" to be attractive for Foreign Tourists: Minister

Jakarta, Aug 3 (ANTARA News) - Minister of Tourism Arief Yahya believes that an effective "tax refund" policy will be the main attraction for shopping in Indonesia.
Date: 03 August 2018; Type: Legal News; Source: Antara

No Intention imposing Tax on Foreign Capital Yield: Perry

Jakarta, June 9 (ANTARA News) - Governor of Bank Indonesia Perry Warjiyo said he had no intention of imposing tax on yields of foreign capital flowing in or flowing out.
Date: 09 June 2018; Type: Industry Updates; Source: Antara

Government needs to impose Tax on e-Commerce Industry

Jakarta, Apr 18 (ANTARA News) - Transaction trends are currently shifting from the conventional system of direct cash payment to an online cashless system by capitalizing on the latest technology used in online trade or e-commerce activities.
Date: 18 April 2018; Type: Legal News; Source: Antara

Government to grant 20-Year Tax Holiday to Investment above RP30 Trillion

Jakarta, Mar 29 (ANTARA News) - The Indonesian government is to grant 20-year tax holiday in the form of corporate income tax-free incentives to investment worth more than RP30 trillion in pioneer industry, a Finance Ministry official said.
Date: 29 March 2018; Type: Legal News; Source: Antara

Timor Leste's Vehicles to be charged Insurance Fee

Kupang, E Nusa Tenggara, Mar 17 (ANTARA News) - All vehicles originating from Timor Leste will be charged insurance fee this year while entering the Indonesian territory, mainly in Belu District, East Nusa Tenggara, state-owned insurance company PT Jasa Raharja stated.
Date: 17 March 2018; Type: Legal News; Source: Antara

Government to reduce Income Tax Rate for SMEs

Jakarta, Mar 18 (ANTARA News) - The government will immediately reduce the annual income tax rate for Small and Medium Enterprises (SMEs) from one percent to 0.5 percent. "The step aims to boost the growth of SMEs. The regulation is under discussion," Puspita W. Surono, Finance Ministry's expert staff for tax supervision, noted in a press stat ...
Date: 18 March 2018; Type: Tax News; Source: Antara

Indonesia to offer More Interesting Tax Incentives for Investors

Jakarta, Mar 15 (ANTARA News) - The Indonesian government will offer more interesting tax incentives than other ASEAN countries, to lure more investment inflow, Finance Minister Sri Mulyani Indrawati stated.
Date: 15 March 2018; Type: Tax News; Source: Antara

Government lowers Tax on Small and Medium Businesses to 0.5 percent

Jakarta, Mar 7 (ANTARA News) - The Indonesian government is mulling to lower the amount of tax on small and medium businesses to 0.5 percent from 1 percent as of late March 2018. "Actually, I have proposed 0.25 percent but the finance minister rejected it. If the decline is that far it will have an impact on state revenues," President Joko Wid ...
Date: 07 March 2018; Type: Tax News; Source: Antara

Government to consider Non-Tax State Revenue in lowering Gas Price

Jakarta, Dec 29 (ANTARA News) - The decline in Non-Tax State Revenue (PNBP) from the gas sector will be taken into account if gas price for the industry is to be reduced, Coordinating Economic Affairs Minister Darmin Nasution stated.
Date: 29 December 2017; Type: Legal News; Source: Antara

Government to seek Tax Ratio Increase to meet Development Needs

Jakarta, Oct 31 (ANTARA News) - The Indonesian government wished to increase its tax collection to meet development expenditures which are projected to rise in the next three to four years.
Date: 31 October 2017; Type: Legal News; Source: Antara

House passes Perppu on Financial Information Access for Taxation

Jakarta (ANTARA News) - The House of Representatives (DPR), at a plenary session here on Thursday, passed Perppu Number 1 of 2017 on access to financial information for taxation purposes into law.
Date: 27 July 2017; Type: Tax News; Source: Antara

World Bank supports Tax Reform in Indonesia

Jakarta (ANTARA News) - President of the World Bank group, Jim Yong Kim, here on Tuesday expressed his support to the Indonesian governments plan on the tax reform program, which aimed to increase the state budgets income.
Date: 26 July 2017; Type: Tax News; Source: Antara

Finance Ministry advised to reconsider Plan to adjust Untaxed Income

Jakarta (ANTARA News) - The Indonesian Finance Ministry should reconsider its plan to adjust the limit of non-taxable income as the proposed threshold is too high, an observer said.
Date: 23 July 2017; Type: Legal News; Source: Antara

Ministry removes Oil, Gas Exploration Tax

Jakarta (ANTARA News) - The Ministry of Energy and Mineral Resources exempts oil and gas exploration taxes for those who want to invest in Indonesia.
Date: 20 July 2017; Type: Tax News; Source: Antara

INDUSTRY UPDATES

House rejects Four Candidates for Chief Justice

Jakarta, May 22 (ANTARA) - The House of Representatives (DPR) Commission III rejected four candidates proposed by the Judicial Commission for chief justice during a plenary session held in Jakarta on Tuesday.

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INDUSTRY UPDATES

18 Items listed under Festive Season Price Control Scheme for Aidilfitri, Gawai

KUCHING, May 22 (Bernama) - The Ministry of Domestic Trade and Consumer Affairs has listed 18 items under the Festive Season Price Control Scheme (FSPCS) in conjunction with Aidilfitri and 14 items for Gawai Dayak which will be celebrated in June.

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INDUSTRY UPDATES

Phone Call not from Officer or Staff of Penang Courts - Chief Registrar's Office

PUTRAJAYA, May 21 (Bernama) - The Federal Court Chief Registrar’s Office (PKPMP) has denied an individual’s claim about receiving a phone call from an officer or employee of the Penang courts.

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INDUSTRY UPDATES

ASEAN told to improve Production Technology and Capacity

KUALA LUMPUR, May 21 (Bernama) - Southeast Asia, particularly Malaysia, should focus on improving production technology and capacity, as well as regional integration in order to benefit from the shifting of supply chains due to changes in global trade, says HSBC Bank Malaysia Bhd.

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INDUSTRY UPDATES

No Freeze in Intake of Foreign Workers - Ministry

KUALA LUMPUR, May 18 (Bernama) - The Human Resources Ministry has clarified that there is no freeze in the recruitment of foreign workers although many applications to bring in workers have been rejected for non-compliance with the law.

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INDUSTRY UPDATES

Actions against those who tarnish Judiciary's Image, Dignity, says CJ

PUTRAJAYA, May 17 (Bernama) - Actions will be taken against those who tarnish the judiciary's image and dignity, says Chief Justice Datuk Tengku Maimun Tuan Mat.

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INDUSTRY UPDATES

Right Decisions only Way for Judiciary to recover Glory - Attorney General

PUTRAJAYA, May 17 (Bernama) - Attorney-General Tommy Thomas says judges must always endeavour to make the right decisions, without fear or favour, and regardless of the personality of the party or the accused before them.

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INDUSTRY UPDATES

Transport Ministry makes it More Flexible for e-hailing Drivers to obtain PSV Licence

KUALA LUMPUR, May 17 (Bernama) - The Ministry of Transport is willing to make it easier for e-hailing drivers to clock in the six hours of course time to obtain a Public Transport Vehicle (PSV) licence.

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INDUSTRY UPDATES

RM1.56 Mln Fine on Poachers, highest so far for Wildlife Crimes

PUTRAJAYA, May 17 (Bernama) - The Kuala Terengganu Sessions Court's decision to fine RM1.56 million each on two Vietnamese poachers has been the highest amount so far for wildlife crimes in the country's history, said Water, Land and Natural Resources Minister Dr Xavier Jayakumar.

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INDUSTRY UPDATES

Delegation of Lawmakers visit Netherlands

Hanoi, May 15 (VNA) - A delegation of the National Assembly’s Committee on Laws led by the committee’s vice chairman Pham Tri Thuc has just paid a working visit to the Netherlands.

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INDUSTRY UPDATES

Adib Inquest: Lawyer grills Forensics Expert on 'Probability Report'

SHAH ALAM, May 16 (Bernama) - A lawyer questioned the ‘probability report’ of a specialist medical witness in the inquest into the death of Muhammad Adib Mohd Kassim, that injuries to the right chest of the firefighter were caused by a curb or road shoulder.

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INDUSTRY UPDATES

Telecom Regulator proposes Online Sim Card Registration

The Lao Telecommunication Regulatory Authority is developing an application for use as a possible option to speed up sim card registration.

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INDUSTRY UPDATES

Government agrees to appoint a Youth to represent them in the Senate

BANGI, May 15 (Bernama) - Prime Minister Tun Dr Mahathir Mohamad announced that the government has agreed to appoint a member of the Senate from among the youths with wide expertise and knowledge in the field and issues on the development of youths.

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INDUSTRY UPDATES

MoF sets up Debt Management Office

KUALA LUMPUR, May 15 (Bernama) - The Ministry of Finance has set up the Debt Management Office (DMO) to review and manage the government’s debt and liabilities.

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INDUSTRY UPDATES

Additional Appellate Court would be a timely upgrade

In order to curb the increased caseload on the Court of Appeal, a new appellate court may be introduced by the Government to support it, a move that may end up in restructuring of Supreme Court.

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INDUSTRY UPDATES

RoK helps Vietnam accelerate Judicial Reform

Hanoi, Apr 26 (VNA) - The Supreme People’s Court and the Korea International Cooperation Agency (KOICA) launched a project on improving trial transparency and quality at Vietnamese courts during a ceremony in Hanoi on April 26.

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INDUSTRY UPDATES

DOLE announces 29 Job Fir Venues Nationwide on Labor Day

MANILA, Apr 29 (PNA) - The Department of Labor and Employment (DOLE) is inviting job seekers to a nationwide job fair on May 1.

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INDUSTRY UPDATES

Universities, Industry Players to join forces for IR 4.0

GEORGE TOWN, Apr 29 (Bernama) - The joint forces of the brains in the universities and the capacity and capabilities of key industries will make a change for a better world through the Fourth Industrial Revolution (IR 4.0), said Universiti Sains Malaysia (USM) vice-chancellor Prof Dr Asma Ismail.

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