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Generally if one is present less than 120 days, then no tax is owed except on Indonesia source income. Some tax treaties may supersede this or defer to the Indonesia presence test for the year in question. Tax treaties deal with taxation of foreign source income for services rendered in Indonesia which are generally taxed if performed for 120 ...
Prabowo has set the highest tax-to-GDP target of 18%, or about $100 billion in additional tax revenue, if he wins the presidency, while also promising personal income tax cuts.
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 ...
Indonesia has announced new incentives to encourage sales of locally produced and imported electric vehicles (EVs), in its latest bid to boost take-up of environment-friendlier cars as well as ...
19% (9% for small taxpayer, those with revenue in a given tax year not exceeding the equivalent of €1.2 million and that have "small taxpayer" status) [189] 9% (for income under 30.000 złotych per year) •0% income tax [190] •9% Health Insurance(non-deductible) [191] 41% or 45% •32% Income tax •9% health insurance
The fiscal year for individuals and entities to report and pay income taxes is often known as the taxpayer's tax year or taxable year. Taxpayers in many jurisdictions may choose their tax year. [6] Some federal countries, such as Canada and Switzerland, require the provincial or cantonal tax year to align with the federal year.
Indonesia may still pursue a plan to tax technology companies on the income they generate from the country even if G20 nations and the OECD cannot reach a deal on digital taxes, its finance ...
In order to coordinate the implementation of taxation regulation in regional level, Inspectorate of Regional Tax was established, namely in Jakarta and some areas such as Sumatra, Java, Kalimantan, and East Indonesia. Inspectorate of Regional Tax later became the Regional Directorate of Taxation (Regional Office) as it is today.