Information from the official website of the Indonesia Stock Exchange (BEI), the Final Income Tax rate applied to share sales transactions is 0.1% of the gross amount of the sales transaction value, in accordance with Article 1 Paragraph (2) letter a PP 14/1997.
The technical provisions regarding Final Income Tax deductions on share sale transactions are regulated in Article 4 Paragraph (1) KMK 282/1997. These regulations state that Final Income Tax deductions are made by the stock exchange organizer through a securities broker when settling a share sale transaction.
In addition, tax obligations also arise if an investor receives dividends. The tax imposed on income from dividends refers to Article 17 Paragraph (2) letter C of the Income Tax Law, namely 10% of gross income.
Mitra Konsultindo Group
Tax Consultants | Accounting, Financial Reporting | Audit | Business Management Consultants | Company Establishments, Business Licenses | Other Business Solutions
Hotline (Call/WA/SMS): 082-11-22-900-33
Website: mitrakonsultindo.co.id