Below is a list with tagged columns and company profiles.

Today's Headlines Mekar Satria Utama

  • Update of Indonesia's Tax Amnesty Program: Big Taxpayers Join

    A total of 62 "big taxpayers" have joined Indonesia's tax amnesty program. According to local media their participation has resulted in a total of IDR 41.2 trillion (approx. USD $3.1 billion) worth of fund declarations and IDR 902 billion (approx. USD $68 million) in additional state revenue (tax). Meanwhile, the Tax Directorate General said there are more big Indonesian taxpayers ready to join the program. The tax office has formed a special team that calls the country's large businessmen on a daily basis to remind them about the tax amnesty program and their tax obligations.

    Read more ›

  • Tax in Indonesia: Asset Revaluation Generates Additional Tax Revenue

    So far this year, a total of 108 Indonesian companies have taken advantage of the tax incentive offered by the government of Indonesia through its fifth economic stimulus package (released on 22 October 2015). This tax incentive makes it more attractive for companies to revalue their fixed assets. With higher-valued assets as well as larger capital, these companies can borrow more funds from banks, hence having more room to invest. This should then boost overall economic growth of Southeast Asia's largest economy.

    Read more ›

  • Property Sector: Tax Incentive for Indonesia's First-Time Home Buyers

    Through the revision of an existing regulation the Indonesian government aims to support growth in the nation's property sector. The revision involves a tax incentive that allows Indonesia's first-time home buyers to obtain a subsidized lending rate (mortgage). Those first-time home buyers who have a maximum monthly income of IDR 7 million (approx. USD $504) are eligible to enjoy this incentive that falls under the Housing Loan Liquidity Facility (Fasilitas Likuiditas Pembiayaan Perumahan, abbreviated FLPP).

    Read more ›

No columns with this tag

No business profiles with this tag