Indonesia Taxation

Document Sample
Indonesia Taxation
2011

© 2011 Remidian

Bahureksa



Written by:

Radi A. Juremi









[INDONESIA TAXATION –

SIMPLE GUIDE AND

REFERENCES]

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INDONESIA TAXATION



1. Basic

• Tax subjects in Indonesia include:

o Individuals;

o Private, State owned and Regional owned enterprises;

o General Partnership;

o Limited Partnership;

o Organizations;

o Consortiums;

o Limited Liability Companies;

o Cooperatives;

o Commercial Association;

o Partnership;

o Foundations;

o Mass Organizations;

o Socio-Political Organizations;

o Institutes;

o Mutual Funds;

o Pension Funds;

o Other forms of business unit such as Permanent establishment;

o Undivided unitary estates comprised of groups of individual heirs.

• For representative agencies of foreign countries, officials of diplomatic missions and

consulates and international organizations designated by the Minister of Finance who are

not engaged in Business or other income earning activities in Indonesia are excluded from

definition of tax subjects.

• Tax subject are categorized as Resident or Non Resident (foreigner).

• Resident Tax Subjects are include:

o Any individual residing or present in Indonesia for more than 183 days in period of

12 months or individual who during a tax year is present in Indonesia and has

intention to reside in Indonesia;

o Organizations set up or domiciled in Indonesia;

o Unitary estates.





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• Other persons, including Permanent Establishment (PE) are defined as non Resident

(Foreign) Taxpayers.





Taxable Income

• Taxable incomes are any economic benefit received or earned by a tax subject from within

or outside of Indonesia in whatever name or form.

• Taxable income are include:

o Compensation or rewards or earned in connection with work or services including-

but not limited-to salaries, wages, allowances, honorariums, commissions, bonuses,

gratuities and pensions;

o Prizes from lotteries or work or activities and awards;

o Business Profits;

o Gains from sales or transfer or property;

o Tax refunds;

o Interest including premiums, discounts and compensation due to debt repayment

guarantees;

o Dividends, including dividends from insurance companies to policyholders and

payment of business profits of cooperatives;

o Royalties;

o Rents and other income connected with use of property;

o Annuities received or accrued;

o Gains due to cancellation of debt except up to certain amounts stipulated by the

Government regulation;

o Surplus differences due to revaluation of assets;

o Insurance premiums;

o Contributions received or accrued by association from its members which consist

of tax subjects who perform business or independent work;

o Increases in net assets from income not yet subject to tax;

o Foreign currency-that gain profit.





Non-Taxable Income

Non-

• Non-Taxable Income basically are income that are not defined as a taxable income.

• Non-Taxable Income includes:







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o Aid and contributions so long as aid and contributions are unrelated to business,

work, ownership or control;

o Gifts r

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