News Category Tax

Generally, the end date of a company's financial reporting is December 31 and the preparation of the annual financial statements is usually completed after some time. In the period from the end of reporting date to the completion of preparation, events may occur that affect ... Read more

The Circular Letter of the Director-General of Taxes Number SE-15/PJ/2018 concerning Audit Policy is intended as a guideline and provides uniformity of steps in carrying out audit activities by the Audit Implementing Unit (UP2). This circular also aims ... Read more

The government and Commission XI of the House of Representatives has discussed the fifth amendment legislation bill to Law No. 6 the Year 1983 on General Provisions and Procedures for Taxation (KUP Draft Bill). One of the articles contained in the draft bill is Article 27. The ... Read more

In the General Provisions and Tax Procedures Draft Bill (RUU KUP), the Government re-inserts articles related to Law No. 11 the Year 2016 concerning Tax Amnesty. The rules regarding the tax amnesty are inserted in Articles 37B to 37I.   Functions of the General ... Read more

Transfer pricing has received serious attention from the Indonesian government. Transfer pricing cases are exposed with higher tax sanctions and also special tax audit procedures. Although Indonesia is not a member of the OECD, Indonesia is quite active in implementing the OECD ... Read more

The Transaction Net Margin Method (TNMM) uses a profit level indicator (PLI) to be compared. The comparator used in this method is the net profit margin against an indicator (assets, sales or costs, will be explained below) of similar companies (business fields, functions, and ... Read more

Cost-Plus Method for Transfer Pricing   The Cost-Plus method is suitable to used by manufacturing companies or those performing production functions and can also be used for service providers. The Cost Plus method determines the transfer price by adding a reasonable ... Read more