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The Indonesian Tax Period is defined as one calendar month or other periods stipulated by a decision of the Minister of Finance at the maximum of 3 (three) calendar months (quarters). Tax Year shall be the period of 1 (one) calendar year unless taxpayers use accounting years different from the calendar year.
In Indonesia, since 2001, the fiscal year is the calendar year, 1 January to 31 December. Until 2000, the fiscal year ran from 1 April to 31 March; fiscal year 2000 ...
1 January – An increase in the value-added tax (VAT) rate to 12% is put into effect on luxury goods and services or those that fall into the luxury tax category. [1] 6 January Indonesia is fully admitted as a member state of the BRICS group. [2] The Free Nutritious Meal (MBG) program of the Prabowo administration is officially started. [3]
Basic components of a calendar date for the most common calendar systems: D – day; M – month; Y – year; Specific formats for the basic components: yy – two-digit year, e.g. 24; yyyy – four-digit year, e.g. 2024; m – one-digit month for months below 10, e.g. 3; mm – two-digit month, e.g. 03; mmm – three-letter abbreviation for ...
Indonesia plans to charge value-added tax (VAT) on crypto asset transactions and an income tax on capital gains from such investments at 0.1% each, starting from May 1, a tax official said on ...
In March, Indonesia lost its host status for the 2023 FIFA U-20 World Cup due to its opposition to Israel's participation. Subsequently, the country also actively voiced its concerns following the outbreak of war in Gaza. The year also marked the end of the COVID-19 pandemic in Indonesia as the disease had entered its endemic stage.
Important 2021 Tax Due Dates for Individuals. Jan. 15, 2021. If you are required to make estimated tax payments, your payment for the fourth quarter of tax year 2020 is due on this date.
Tax refund calendar: Here’s when you’ll get your refund. Ronda Lee. Updated January 26, ... Having last year’s return is also a good guide to help you wade through this year’s.