Tax Amnesty - Salaki file“Tax Amnesty is a facility for taxpayers to disclose incomplete or unreported income (assets) in their previous tax periods without having to face prosecution

Tax AmnestyUngkap Tebus Lega- -

PERSEK SALAKI & SALAKIwww.salaki-salaki.com

Ph.: (021) 290 - 49905 / 49906

TAX ALERTSS/TXALERT/06/2016August 8, 2016

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Scope of Tax Alert

?What is Tax Amnesty Subject of Tax Amnesty Period of Tax Amnesty Tax Amnesty Rate

Procedures of Tax Amnesty Consequences of Tax Amnesty


2 PERSEK SALAKI & SALAKIwww.salaki-salaki.com

Ph.: (021) 290 - 49905 / 49906

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Advantages of Tax Amnesty Contact Us

“ Tax Amnesty is a facility for taxpayers to disclose incomplete or unreported income

(assets) in their previous tax periods withouthaving to face prosecution by the tax authority

or pay any tax penalty and past taxes that should be due, by paying any defined

amount of redemption money. ”

?What is Tax Amnesty



Ph.: (021) 290 - 49905 / 49906

“ The Tax Amnesty is offered to everyone ”

Subject of Tax Amnesty

Corporations Individuals Taxpayers with turnover up to Rp 4.8 billion



Ph.: (021) 290 - 49905 / 49906

Those who do not yet have Tax ID

who have the obligation to submit Annual

Income Tax Return

“Excluded from Tax Amnesty is any taxpayers:”

Who is under tax criminal

investigation which case has

been declared as complete by

the state prosecutor

Who is undergoing

criminal punishmentfor a tax crime

Who is In the judicial

process of a Tax crime

Subjek Tax Amnesty


Ph.: (021) 290 - 49905 / 49906


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Period of Tax Amnesty

Disclosure Period

“ Disclosure period of Tax Amnesty is from July 1, 2016 until March 31, 2017 ”



Ph.: (021) 290 - 49905 / 49906

Tax Amnesty Rate

0,5%

2%

2%

3%

5%

July 1, 2016 until September 30, 2016

October 1 , 2016 until December 31, 2016

January 1, 2017 until March 31, 2017

Repatriated /Onshore Declaration

4%

6%

10%

July 1, 2016 until September 30, 2016

October 1 , 2016 until December 31, 2016

January 1, 2017 until March 31, 2017

Offshore Assets Declaration

Asset declaration up to Rp. 10 Billion

Asset declaration above Rp. 10 Billion

Special Rate forTaxpayers with turnover up to

R.p 4.8 billion

Repatriated is a disclosure of offshore assets that are repatriated into Indonesia to be

invested in Indonesia

Declaration of offshore assets is a disclosure of assets which

were unreported in the previous tax periods but not

repatriated into IndonesiaTAX ALERTSS/TXALERT/06/2016August 8, 2016


Ph.: (021) 290 - 49905 / 49906

Procedures of Tax Amnesty

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Disclose all assets and

liabilities which were unreported in Annual Tax Return Fiscal year 2015

Pay the redemption money

Submit declaration

letter for Tax Amnesty

Data and informationcontained in the declaration letter

cannot be used as a basis for

any audit, investigation and/or

prosecution of the taxpayer.

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Ph.: (021) 290 - 49905 / 49906

Advantages of Tax Amnesty

Waivers of any tax that

should have been due

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2Waivers of Tax

Administrative Sanction

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Exemptionfrom tax audit, preliminary evidence tax audit and tax

criminal investigation

4Data and information

cannot be used as a basis for any criminal investigation

5 Discontinuation of any

ongoing tax audit, preliminary evidence tax audit and tax crime investigation

6Waivers from income tax of transfer of land and buildings into taxpayer’s name

7Waivers from income tax of transfer of stocks ownership into taxpayer’s name


Ph.: (021) 290 - 49905 / 49906


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Consequences of Tax Amnesty


Ph.: (021) 290 - 49905 / 49906


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Joining Tax AmnestyJoining Tax Amnestybut not fully declaring

Not Joining Tax Amnesty

For any unreported assets which were not declared during tax amnesty, they will be considered as additional income at the time of finding.

Such additional income is subject to tax at normal rate and an administrative sanction of 200%.

In the case were the DGT finds unreported assets which were purchased from all the way back to 1985, such assets will be considered as additional income at the time of finding.

Such additional income is subject to tax at normal rate, and interest sanction of 2% per month for max. 24 months.

The assets which were repatriated must be invested in domestic financial instruments for a minimum of 3 years.

Taxpayers who repatriate the assets or declare domestic assets have to submit semi-annual asset report for 3 years.

All of the assets which are declared in tax amnesty must be reported in the next annual tax returns.

Any income arising from the declared assets, either onshore or offshore, must be reported in the next annual tax returns.

Tax Amnesty is the last chance for taxpayers to

come clean before the Automatic Exchange Of

Information (AEOI) is implemented by many

countries around the world, and before the

amendment of Indonesia banking laws for data

transparency for taxation purpose. Afterwards, it

will be difficult for taxpayers to conceal their assets

(any where) from tax authorities.



Ph.: (021) 290 - 49905 / 49906

Contact Us


Ph.: (021) 290 - 49905 / 49906


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This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.

© 2016 Persek Salaki & SalakiFor further information, visit : www.salaki-salaki.com

If you have any questions or want to know about Tax

Amnesty’s Procedures and further information,

please contact us :

021 – 290 49905 / 49906 / [email protected]

Documents

Tax Amnesty - Salaki file“Tax Amnesty is a facility for taxpayers to disclose incomplete or unreported income (assets) in their previous tax periods without having to face prosecution