Tax
From The Report: Indonesia 2015
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This chapter examines Indonesia’s tax environment, focusing on changes to the tax system and regulations for potential investors. It also contains a viewpoint from Ay Tjhing Phan, Tax Leader, PwC.

Articles from this Chapter

Overview

Changes to Indonesia’s tax system and regulations for potential investors
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The Indonesian tax system is based on three primary laws: the General Tax Provisions and Procedures ( Ketentuan Umum dan Tata Cara Perpajakan, KUP) Law, the Income Tax Law, and the Value-Added Tax (VAT) and Luxury Sales Tax (LST) Law. These laws are routinely amended in order to accommodate the country’s rapidly changing business environment, as well as to support the government’s objectives of improving the investment climate while increasing tax revenues. The government is currently considering…

Viewpoint

Taxing work: Ay Tjhing Phan, Tax Leader, PwC, on tax implications for infrastructure investment
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With the new government having successfully reduced fuel subsidies and revised the national budget for FY 2015, the external focus is now expected to shift to the implementation of its plans for infrastructure development. That focus will likely be on the disbursement of additional funds for infrastructure spending and the efforts of the administration to leverage private sector investments and funds for such projects. Some may wonder whether enough has been done from a tax policy perspective to…