Indonesia Regulatory Update - June 2017

Indonesia Regulatory Update - June 2017

KPMG Indonesia is pleased to announce the release of “Indonesia Regulatory Update – June 2017”.

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This publication sets out to highlight at summary level, some of the key current regulatory changes in Indonesia. These important changes have implications for industry, covering a wide range of industries and within these, specific and complex business processes.

Regulatory updates covered in this publication are as follows:     

  • Amendment to Government Regulation Number 79 of 2010 concerning Cost Recovery and Provisions on Income Tax in Upstream Oil and Gas Activities.
  • Amendment on Ministry of Finance Regulation No.70/PMK.03/2017 on Technical Guidance for Access to Financial Information forTax Purposes.
  • Financial Holding Company.
  • Certificate of Domicile for Domestic Taxpayers for the Implementation of Double Taxation Avoidance Agreement.

 

© 2017 Siddharta Widjaja & Rekan – Registered Public Accountants, an Indonesian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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.

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