Tag: Tax Consultant Indonesia

Provisions for the Exception of Income Tax on Dividends or Other IncomeProvisions for the Exception of Income Tax on Dividends or Other Income

March 17, 2023 | taxconsult | 0 Comment | 7:12 am

Tax Cluster in the Job Creation Law The government officially promulgated Law 11/2020 concerning Job Creation on November 2, 2020. This regulation contains 15 Chapters and 186 Articles. Article 111

Reimbursement or Compensation in the Form of Natura and/or Favors Is the Object of Income Tax for the Receiving Party and Deduction of Gross Income for the Giving PartyReimbursement or Compensation in the Form of Natura and/or Favors Is the Object of Income Tax for the Receiving Party and Deduction of Gross Income for the Giving Party

March 16, 2023 | taxconsult | 0 Comment | 9:41 am

Based on PP 55 of 2022, Article 23 paragraph (2) “Reimbursement costs or compensation given in kind and/or enjoyment with respect to work or services can be deducted from gross