2011 | Edition 1
Trend of Tax Audit Policy 2011
DGT continue to conduct audit in which one of its purposes is to test Main Articles
the Taxpayers compliance in doing its tax obligations. Every year, DGT
have own policy in conducting the audit. How will the audit policy be 3 Tax Audit Policy Trend in 2011
in 2011? 8 DGT’s New Tool: Benchmarking
In general, tax audits are conducted under a priority scale set by DGT Summary of Tax Regulation
accorded with the tax audit standard. Generally speaking, this year’s
priority is still on taxpayers with similar issues of the past years such 10 In Supporting Syaria Banking
as tax overpayment, fiscal loss, incomplete Tax Return submission, 10 Donation as Expense
etc. 11 Affirmation of VAT on Trading
Looking back the past years’ trend and taking some notes from DGT’s Service
statements in media for the past few months, taxpayers engaging in 11 Authentic Evidence Equals No
intercompany transactions within their affiliates are the new top VAT Payable
priority in the 2011 tax audit as the transfer pricing issue increasingly 11 More Documents as Tax Invoice
arises in the recent years. Also, as the benchmarking ratio policy 12 Advance Pricing Agreement
newly issued, DGT are focusing on taxpayers with financial ratio
significantly different from the benchmarking ratio issued. Inside MUC
Continue to Page 3 … 2 The World’s Recognition to MUC
2 MUC Perspectives in 2011
With a new spirit of 2011, Minimagz comes with the latest issues in taxation
world. Hopefully it can be your business best reference for you.
2011 | Edition 1
The World’s Recognition to MUC
UC Consulting Group is again included in the list of World’s Leading Tax Firms at
M Tier 4 category in the book titled “World Tax 2011” by International Tax Review.
Therefore, this has been in three consecutive years for MUC to be in part of the
world’s leading tax firms referred by the book which is used as guidance in taxation for
78 countries with international standard.
International Tax Review (ITR) itself is under the name of Euromoney Publication, a
publication media which provides a comprehensive guidance about the best tax firms
in the world.
Euromoney Publication, the “creator” of ITR, is a well-known publication media
providing information about financial markets or related to capital, investment, stock,
and regional market including Asia, Latin America, Europe, Middle East, and Africa.
Euromoney Publication routinely conducts benchmarking polls and awards to measure
the development of industry in which at one point profitable for company to know
how their competitors develop.
MUC Consulting Group’s staying on the list of the World Leading Tax Firms has been a prospective start in 2011.
Hopefully, MUC will keep developing and achieving the higher position in the future.
MUC Perspectives in 2011
ursuant to ITR’s recognition to MUC as one of the World’s Leading Tax Firms in Indonesia, MUC has been
P increasingly focused on the internal development to provide more international taxation services. One of the
preparations is by enhancing cooperation with the MSI partners in overseas. Further, MUC also strengthens its
international taxation team, especially Transfer Pricing team, to achieve higher levels of service excellence.
2011 | Edition 1
Tax Audit Policy Trend in 2011
Transfer Pricing Audit 2) Selection of comparables data of companies, profit
level indicator, and transfer pricing methods; and
In Indonesia, transfer pricing has become the most popular
issue in the taxation world for the past two years. Since 3) Procedure of arm’s length principle implementation
the early era of the Indonesian Income Tax Law, audits on in the audit.
transfer pricing has been part of the audits conducted by
The procedure also includes:
DGT. Many believe that it will grow in a significant number
in 2011 and the years after. The prediction is most likely 1) Company’s classification based on industrial field
related to the fact that many 2009 Corporate Income Tax classification (KLU) in determining comparable
Returns have not been audited in 2010, where the companies;
obligation to fill in the statement of affiliated transactions
2) For manufacturing industry, the function, asset, and
in the Appendixes is firstly imposed (Special Appendix
risk (FAR) analysis based on manufacturing
3A-3A1 and Appendix 8A).
activities performed, whether the audited company
According to the media, 1,300 tax auditors with relevant runs full function of manufacturing, contract
expertise have been prepared by DGT for the transfer manufacturing, or toll manufacturing;
pricing audit (TP audit), and equipped with a series of
3) For trade industry, the FAR analysis based on the
specific guidelines containing procedures of TP audit, and
trade activities in which the audited company runs
types of transactions which become the focus of the audit,
distribution function as full distributor, contract
as explained further in the below section.
distributor, or low risk distributor (commissioner);
a. TP Audit Procedures 4) The fairness of service or intangible property
utilization from a related party such as
The procedure covers:
management service and royalty.
1) Implementation of the arm’s length principle and
the implementation in tax audit process;
2011 | Edition 1
b. Transactions as Focus of TP Audit rate. Interest rate, therefore, shall become the focus
of transaction’s fairness audit.
Transactions that will become the focus of tax audit are
sales and purchase of raw materials, payment of royalty, Loan can be considered occurs if there is cash inflow
intra group services, and intercompany loan, with the to the company’s account and such loan gives
following explanation: benefit to the company. When researching the
fairness of value and interest rate of loan, what
1) Sales and purchase of raw materials
needs to be considered is the debt equity ratio and
In sales and purchase transaction of raw materials, interest rate generally applicable.
the audit is to evaluate the fairness of product sales
price and raw material purchasing price.
Audit based on Industrial Benchmarking and Financial
2) Payment of royalty
In the payment of royalty transaction as benefit of
This type of audit can be considered as a new one, where
intangible property utilization, audit related to
it is performed to any taxpayer whose financial ratio is
fairness will consist of certain matters. First, it will
significantly difference from the benchmarking ratio
cover the presence of intangible property based on
stipulated by DGT since October 2009, through a series of
its ownership proof and its value. Second, it will
verify the occurrence of its transfer of rights to use.
Actually, total benchmarking ratio that has been stipulated
Further, it will be related to the occurrence of the
since 2009 is not the basis for the issuance of Notice of Tax
transfer of rights upon intangible property. It is
Assessment. Total benchmarking ratio is only a supporting
considered having been transferred by related
tool for the tax officers to assess the fairness of the
party if such property gives benefit to the audited
taxpayers’ financial performance and the tax compliance,
taxpayer. Finally, the scope of audit covers the
as meant in Circular of DGT No. SE-96/PJ/2009.
fairness of the royalty fee amount.
In some media, DGT also explained that Taxpayers with
3) Intra Group Services
lower financial performance than the benchmark cannot
Upon intra group services transactions, which are always be deemed to perform improper tax liability
generally in the form of technical assistant fee and fulfillment. It requires a further diagnosis to determine
management fee, the analysis will cover the whether they are not in compliance with the tax
existence of service delivery or utilization and the regulations, or there are certain factors causing different
fairness of the fee amount. A service is considered performance compared to the benchmark. Audit,
having been delivered by a related party if the therefore, is believed to constitute an in depth diagnose.
service provides benefit to the audited company,
Until today, DGT have not issued a specific regulation
which is not:
concerning this type of audit. However, for taxpayers
a duplication of service conducted by the having lower financial ratio compared to the Total
company; Benchmarking Ratio, to carefully prepare for the audit is a
very wise decision. One of the critical measures to be
aimed for the interests of the shareholder
taken further is preparing logical reason and supporting
or other parties within the same business
evidence to explain the existing difference.
group (shareholder activity);
Incidental benefit of company;
Audit on Overpayment
Solely because the company is a member of
passive association, but the expense This audit is intended to assure inaccuracy of any cash
charged is due to the function conducted outflow in terms of tax refund from the State Treasury.
by the related party. DGT has issued a series of technical regulations concerning
the audit, according to the types of taxes subject to the
4) Intercompany Loan
Similar with the intra group services transaction,
In case of a VAT Return with overpayment compensation,
audit on intercompany loan also covers the
DGT affirms that the audit shall be postponed until it is
existence of loan and the fairness of the interest
requested to be refunded or until the fiscal year ends. In
2011 | Edition 1
other words, the scope of audit for VAT Return with 2. The fiscal loss computed by the taxpayer is not
Overpayment Compensation in a fiscal year is no more from income subject to Final Income Tax, or
than 12 (twelve) tax periods. income which is not a tax object, or overseas
By contrast, in case of a VAT Return with overpayment
refund request—as currently only be performed at the
year end, except for certain VAT Registered Person—, no
In cases where audits result different fiscal loss amount
delay of audit is applied. However, if the refund is related
to the Annual Tax Returns or even result not in loss
to the compensation of the previous tax periods, the audit
balance, the compensation of fiscal loss per the Annual
will cover not only the tax period in which the refund
Tax Return shall be immediately corrected according to
application is filled, but also the previous tax periods
the provisions and procedures stipulated in Law No. 6
having overpayment compensation. In overpaid VAT
Year 1983 as lastly amended with Law No. 16 Year 2009
Return audit, an auditor is mandatory to conduct a risk
on General Tax Provisions and Procedures (KUP Law).
analysis on a related VAT-Registered Person.
Audit on Incomplete Tax Return
Audit on Loss
Prior to such audit, the taxpayers submitting incomplete
For this type of audit, DGT’s specific priority is on losses
Tax Return, especially Annual Tax Return, shall receive a
with potential material tax revenue or upon which the
Request Letter for Annual Tax Return Completion and
collection act period will soon elapse.
fulfill the request within 30 days after receiving the
Concerning the audit on loss, DGT also affirms that the tax letter.
audit upon Annual Tax Return in fiscal loss position—either
When a taxpayer fails to respond to the letter within the
with or without overpayment, does not eliminate the fiscal
time limit, DGT shall deem the taxpayer not reporting the
loss compensation right of a taxpayer as meant in Article 6
Tax Return. Under this basis, a notification letter stating
(2) of Income Tax Law. Principally, audit on loss is to assure
incomplete tax return filed by the taxpayer will be issued
and further it will be used to base a tax audit.
1. The loss computed by the taxpayer is the amount
This type of audit basically refer to the provision of Article
according to the tax assessment letter issued by
13 paragraph (1) letter b of Law No. 28 Year 2007 stating
DGT or based on the taxpayer’s Annual Tax Return
if there are no or not yet tax assessment notices
issued by DGT.
2011 | Edition 1
(1) In the period of 5 (five) year in tax payable period or fiscal period ended, part of Fiscal Year, or Fiscal Year,
Directorate General of Taxes may issue Tax Underpayment Assessment Notice on these following conditions:
b. if the Tax Return is not submitted within the period of time as stated in Article 3 paragraph (3) and after
being reprimanded in written it is not submitted timely as stipulated in a Reprimand Letter; …”
Audit based on Risk Analysis
This type of audit is performed on annual tax returns which are selected based on a risk analysis. Taxpayers targeted for
the risk analysis are those having high risk tax revenue based on qualitative and quantitative method, where State
Revenue potentially occurs due to their improper tax liability fulfillment, such as incomplete and incorrect tax return
The risk analysis shall be conducted based on Tax Return recording in the Data Processing Centre by systematically
crosschecking the Tax return data with the database or other sources, industrial data per business classification (KLU),
tax compliance pattern for every industry (business sector group), and considering the local knowledge of DGT Tax
Audit Unit (UP3).
Upon all types of audits, the crucial point shall be the documentation to be properly prepared and maintained by
taxpayers. Particularly for TP audits, the documentation may take more time and efforts since it involves documents
and information which should include sufficient and accurate comparable data either from internal or external of a
company. The risk of any failure to do so is the application of deemed profit basis or other method by DGT under the
prevailing tax regulations upon their affiliated transactions.
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2011 | Edition 1
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2011 | Edition 1
DGT’s New Tools:
On the Circular, DGT affirms that total benchmarking ratio result cannot be utilized as tax stipulation letter
issuance basis. However, the tax office may also issue a request letter for annual Tax Return correction if the
profit percentage of a company is lower than the total benchmarking ratio.
he term of total benchmarking ratio has been actually According to the Circulars, the total benchmarking ratio
T known since October 5, 2009 in DGT Circular No. consists of 14 ratios, namely, gross profit margin, gross
SE-96/PJ/2009 (“SE-96”). It states profit margin, operating profit
that benchmarking total ratio Total benchmarking ratio is margin, pretax profit margin,
constitutes ratios categorized per only utilized as instrument corporate tax to turn over ratio,
business group on the ratios related net profit margin and dividend
to companies’ inputs and profit or reference for DGT in payout ratio, ratio of Input VAT to
level, such as ratio of gross profit to sales, ratio of salary expense to
sales, ratio of net profit to sales, and
estimating the fairness of sales, ratio of interest expense to
ratio of net sales before tax to sales. financial performance and sales, ratio of of depreciation
rent expense to
It was not only SE-96, DGT also Taxpayers’ compliance in expense to sales, ratio of Input to
issued other Circulars in phase II, III, such as sales, ration of other
and IV of total benchmarking ratio fulfilling their taxation income to sales, and ratio of other
determination, namely SE-11/ liabilities. expense to sales.
PJ./2010 on February 1, 2010,
SE-68/PJ/2010 on May 27, 2010, and SE-105/PJ/2010 on How can these total benchmarking ratios be obtained?
October 20, 2010. And, according to the Circulars, the According to some media, the data is obtained by DGT
benchmarking total which has been finished by DGT covers from the Ministry of Industry and Ministry of Trade.
100 business sectors or Business Field Classification (KLU). Moreover, for the business sector determination, DGT
refers to the Central Statistical Agency upon business
2011 | Edition 1
sectors having output and contribution to sales, whereas the benchmarking ratio determination refers to taxation data
of year 2005-2007.
Despite the benchmarking on 100 business group resulting 14 total benchmarking ratio, DGT on SE-96 stated that
benchmarking ratio result may not be directly applicable as the basis of tax assessment notice issuance. Total
benchmarking ratio is only utilized as instrument or reference for DGT in estimating the fairness of financial
performance and Taxpayers’ compliance in fulfilling their taxation liabilities. In other words, total benchmarking ratio is
simply a supervision instrument upon Taxpayers’ compliance.
Referring to the above explanation, a Taxpayer having a lower financial performance from the benchmark does not
mean that the Taxpayer does not properly conduct the taxation liabilities. A further explanation should be made to
determine Taxpayers’ compliance. Certain factors that may cause Taxpayers for having a different performance from
the benchmark are necessary to be discovered and considered further. However, DGT principally still has the rights to
issue request letter of Annual Tax Return revision for Taxpayers with lower business profit compared to the total
Taxpayers’ concern upon the matters principally could be answered as long as the Taxpayers have a rational and
reliable explanation regarding the presence of profit difference, especially if supporting written evidence is available. If
otherwise, the tax audit will be conducted following DGT request letter.
In this case, the rightest thing to do is preparing for the tax audit. It is by conducting a review, solely performed or
assisted by professionals, of the accounting record, the income statements and Taxpayers’ taxation liabilities, which
hopefully could minimize taxation penalties.
(1) Taxpayers which in its current year enables to prove that they shall not be subject to
Income Tax due to the following reasons:
a. In fiscal loss condition;
b. Having a right to conduct fiscal loss compensation;
c. Having Income Tax already and to be paid higher than Income Tax to be payable,
may submit the exemption request of withholding and/or collection of Income Tax by the
other parties to the Director General of Taxes.”
(Regulation of Director General of Taxes Number PER - 1/PJ/2011 concerning
Procedure of Exemption Application of Income Tax Withholding and/or Collection
by Other Parties, dated January 10, 2011)
2011 | Edition 1
Summary of Tax Regulation
In Supporting Syaria Banking
AT on Murabahah transactions of Syaria banking are now borne by the Government as the facility is clearly stipu-
V lated under Finance Minister Regulation No. 251/PMK.011/2010 with effective date of 28 December 2010. This is
in line with the VAT law (Law No. 42 Year 2009) stating that murabahah transactions are no longer subject to VAT.
Related with the facility, upon VAT already paid by Syaria’ banking based on Notice of Tax Assesment (SKP) issued can
be refunded. To cover this, the Government has set an amendment to the 2010 State Budget for VAT borne by the
Government in total of IDR 328,454,138,718.00.
Donation as Expense
onations for national disaster recovery, research and
D development in Indonesia, education facility, and social
infrastructure development cost can be recognized as costs under
Government Regulation No. 93 Year 2010. According to this regulation
which is effective since fiscal year 2010, donation can be treated as a
cost with the cumulative requirements as follows:
1. The donations should be submitted through authorized parties for
2. The Taxpayers (donors) have net fiscal income based on Annual
Income Tax Return of previous Tax Year;
3. The donations and/or expenses do not cause loss in the related Tax Year;
4. The donations are supported with valid evidence;
5. The donation and/or cost recipient institutions have Taxpayer ID, unless exempted as Subject of Income Tax;
6. The donors and the recipients of donations do not have any special relationship.
Other than donation or social infrastructure development cost, the given contribution can be in other forms than cash
money. However, if in the form of goods, the value of such contribution is determined based on:
1. The acquisition value, if the donated goods are not yet depreciated;
2. The fiscal book value, if the donated goods are already depreciated; or
3. The cost of good sold, if the donated goods are self-production goods.
Primarily for donation or infrastructure development cost, the given donation can only be in the form of facility or
infrastructure. Also, it is only limited to 5% from the net income in the previous Tax Year for 1 (one) tax year. The cost
value of social infrastructure development is based on the actual amount of expenditure to build the facility and/or
The donator shall record the donation according to its purpose. On the other hand, the recipient of the donation shall:
1. Submit the report of donation reception and distribution for:
2011 | Edition 1
Every three months, for corporate or institution of national disaster donation recipient;
Tax Year in which the donation is received at the end of related tax year at the latest,
2. Attach the report of donation or cost in the Annual Income Tax Return of the Tax Year where the donation is
Affirmation of VAT on Trading Service
here is a change in VAT policy on trading services. Through SE-145/PJ./2010 issued on December 22, 2010, DGT
T affirm that trading services which is not subject to VAT is those transferred in overseas, which is remarked by the
1. The trading service entrepreneur (provider) and the goods seller as the trading service recipient are outside
Customs Area, while the goods buyer is inside Custom Area; or
2. The trading service entrepreneur and the goods buyer as trading service recipient are outside Customs Area,
while the goods seller is inside Customs Area.
Previously in the Circular of DGT No. SE-08/PJ.52/1996, the trading services which are not subject to VAT are those
received by parties overseas. Thus, according to SE-08/PJ.52/1996, as long as the trading service recipient –either as
buyer or seller- is overseas (outside Customs Area), the trading service is not subject to VAT, even though the trading
service provider is inland (inside Customs Area).
Authentic Evidence Equals No VAT Payable
ransfer of Taxable Goods (BKP) or rights upon BKP which physically in the foreign country (outside Custom Area) is
T not subject to VAT if proven with a deed or authentic evidence supporting the transaction. However,
VAT-registered Person who conducts the transfer of Taxable Goods or rights on Taxable Goods outside Custom Area
shall report the transfer in the Main VAT Return, especially in Section I letter B (non VAT payable transfer).
How if the Taxable Goods transferred to the foreign country is later transferred to the domestic destination? According
to Circular of Director General of Taxes Number SE-130/PJ/2010 issued on November 30, 2010, the transfer is subject
to VAT on Import by parties who transfer or import the goods.
More Documents as Tax Invoice
tarting from January 1, 2011 based on Regulation of Director General of Taxes Number PER – 67/PJ/2010, the
S number of certain documents similarly treated as Tax Invoice increases by 3 (three) as follows:
1. Invoice upon transfer of Taxable Goods (BKP) and/or Taxable Services (JKP) by Perusahaan Air Minum
(Drinking Water Company);
2. Invoice upon transfer of JKP by stock broker company; and
3. Invoice upon transfer of JKP by banking.
As other ten documents be similarly treated as Tax Invoice – except for Notification of Imported Goods (PIB) and Tax
2011 | Edition 1
Payment Slip (SSP) as payment of VAT on utilization of Intangible JKP or BKP from outside Customs Area, the
documents similarly treated as Tax Invoice shall at least cover:
1. Name, address, and Taxpayer ID of the party who conducts export or transfer;
2. Number of units of goods if possible;
3. Tax Base; and
4. Number Tax payable except for export.
The documents may be calculated as creditable Input Tax if:
1. Meeting the formal requirements completely, clearly, and accordingly in line with the provisions; and
2. Including Taxpayer ID and the name of goods buyer or service recipient.
Advance Pricing Agreement
A dvance Pricing Agreement (APA) - as explained in Regulation of Director General of Taxes Number PER – 69/
PJ/2010 – is an agreement between the Directorate General of Taxes and Taxpayers and/or other country’s tax
authorities to agree on criteria and/or determine the Arm’s Length Price or Profit of parties having Special Relationship.
Steps in conducting the Advance Pricing Agreement are as follows:
1. Pro-lodgment meeting between the Director General of Taxes and a Taxpayer;
2. Formal request submission of Advance Pricing Agreement by the Taxpayer to Director General of Taxes based on
the pro-lodgment meeting;
3. Discussion on Advance Pricing Agreement between the Director General of Taxes and the Taxpayer;
4. Issuance of Advance Pricing Agreement Letter by the Director General of Taxes;
5. Implementation and evaluation of Advance Pricing Agreement.
The purpose of pro-lodgment meeting is to discuss whether it is necessary to conduct Advance Pricing Agreement.
Pro-lodgment can be conducted more than once where determined by the Director General of Taxes, but shall be
proceeded by filing the request to the Director General of Taxes through the Director of Tax Regulations II carbon
copied to the Head of Tax Office where the Taxpayer is domiciled.
The request shall use the form APA-1 based on Appendix I of PER-69/PJ/2010 enclosed with the supporting documents
as determined. The said documents are based on Article 4 paragraph (3) of PER-69/PJ/2010. Within the period of 3
(three) months since the complete request from the Taxpayer has been received, the Director General of Taxes shall
inform the agreement or rejection for the next steps.
Formal Request Application
The formal request application can only be filed after a Taxpayer receives an approval from the Director General of
Taxes as a final result of pro-lodgment meeting. Similar with the pro-lodgment meeting, such formal request is
addressed to the Director General of Taxes through Director of Tax Regulations II. The formal request uses APA-2
based on Appendix II of PER-69/PJ/2010. The supporting documents are also required to be included based on Article 9
paragraph (3) of PER-69/PJ/2010.
2011 | Edition 1
Discussion of Advanced Pricing Agreement
The discussion is conducted at the agreed time between
the Director General of Taxes and the Taxpayer, based
on the formal request filed by the Taxpayer. It includes
the scope of transactions and the Tax Year to be covered
by the Advanced Pricing Agreement.
During the discussion process of Advanced Pricing
Agreement, the Director General of Taxes may require
the Taxpayer to provide other data and information. If
the Taxpayer considers that the APA may cause double
taxation, the Taxpayer may submit a written request to
Director General of Taxes to conduct Mutual Agreement
Procedure (MAP) with the tax authority of the related
Tax Treaty partner country. The MAP request filing shall
be based on the provisions in PER-48/PJ/2010. The request, of course, shall not postpone the APA discussion.
Letter of APA
The arrangement of APA letter is conducted by the Director General of Taxes and the Taxpayer within 20 (twenty) days
after the discussion of Advance Pricing Agreement is completed and signed by the Director General of Taxes and the
Taxpayer. The composed APA letter shall at least consist of information mentioned in Article 13 paragraph (2) PER-69/
APA can be conducted for the longest period of 3 (three) Tax Years since the Tax Year of APA is agreed. APA can be
implemented for the Tax Year before APA is agreed provided that the Taxpayer’s Annual Income Tax Return of the
related Tax Year:
Has been audited
Has been subject to an appeal or an objection by the Taxpayer; and
Has no indication of criminal conduct in taxation
Implementation and Evaluation of APA
APA not only can be implemented for the Tax Year pursuant to its issuance year, but also for the Tax Year before the
APA is agreed. However, if the Tax Return for the Tax Year before the APA is agreed does not reflect the APA result, the
Taxpayer should then revise the Tax Return.
An APA binds the Director General of Taxes and a Taxpayer, but it does not restrict the Director General of Taxes to
conduct a tax audit in accordance with the prevailing tax provisions. At the latest 4 (four) months after the end of a Tax
Year, a Taxpayer is obliged to submit the annual report showing the conformity of APA implementation in the
Taxpayer’s business to the Head of Tax Office. The annual report shall at least consist of information as mentioned in
Article 16 (2) of PER-69/PJ./2010.
The Director General of Taxes may review or cancel an APA, under the condition, among others, the Taxpayer is not in
compliance with the APA or submits false data/information to the Director General of Taxes. Upon such cancelation,
the Director General of Taxes shall inform it in written to the Taxpayer.
2011 | Edition 1
Bursa Efek Indonesia. PT
Honda Lock Indonesia. PT
Suluh Ardhi Engineering (SAE). PT
U FINANCE INDONESIA. PT.
Unza Vitalis. PT
Zurich Insurance Indonesia (Mayapada). PT
Humpuss Intermoda Transportasi Tbk. PT
Indo Tambangraya Megah Tbk. PT
Need Assistance in Reviewing your
Transfer Pricing Policy and Documentation?
It’s part of our services now!
2011 | Edition 1
No Topic Frequency Fee (IDR) Feb Mar
1 Updating Regulation and VAT Tax Return Filling 3 3,000,000 24-25
2 Comprehensive Transfer Pricing and International Taxation 4 3,500,000 22-23
FINANCE AND ACCOUNTING
1 Financial Statement Analysis 2 3,500,000 17-18
2 Credit Risk Modeling 3 3,500,000 22-23
3 IFRS Convergence Issues and its Taxation Aspects 3 3,500,000 7-8
4 PSAK 50 and 55 3 3,500,000 7-8
5 Practice of IFRS and IAS Implementation Technique 2 3,500,000 24-25
1 Risk Based Audit 2 3,500,000 28-29
2 School of Risk Management (ERM) 3 7,750,000 14-18
1 Custom Facility, Shipping Documents & Export Import Procedure 3 3,500,000 11-12
2 Understanding of Incoterms 2000 and UCP 600 in Export Import 2 1,850,000 26
GCG dan CSR
1 Creating Competent Corporate Secretary with Implementation of 2 3,850,000 23-24
Good Corporate Governance (GCG) Basis
2 The Essentials of Good Corporate Governance 2 3,850,000 15-16
3 MUC School of Sustainability Reporting 2 7,500,000 29-31
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Fraudulence in Company Business Process
2 Investigative Audit on Fraud and Legal Aspect of its Finding 3 4,750,000 22-23
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