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Blog: Company Income Tax

Indonesia Imposes Stricter Penalties for Tax Non-compliance

Individuals and corporations that have acquired a Tax ID (NPWP) or earn from profits such as wages, dividends, revenues, and other sources of income are both required to file a tax report with the Indonesian tax authorities. Annual Tax is a tax that must be paid to the Indonesian tax body, the Directorate General of …

2022 Guide for Tax Amnesty Scheme in Indonesia

Indonesia’s parliament enacted a bill on October 7, 2021, for one of the country’s most significant tax reforms, which includes hiking VAT next year and introducing another Tax Amnesty Program. The bill intends to increase revenue collection and tax compliance to recuperate from the impact COVID-19 has on state finances this year and in 2020. …