Tax payments after 30 June 2016 must be made using the new Electronic Tax Payment System. This News Flash provides highlights regarding the new system.
The Directorate General of Tax has envisioned a new electronic tax payment system since 2011 with the issuance of Regulation No. PER-47/PJ/2011. The plan has recently come into fruition with the new MPN-G2 electronic billing system, effective as of 1 January 2016.
As with other new programs, this one is not without any teething problems. Taxpayers need to be aware of this new system with its advantages and disadvantages, in order to ensure that they can continue making timely tax payments.
They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.