All Indonesians subject to Indonesian tax can take their own important roles to support national development and people’s welfare by paying taxes. Taxpayers can disclose incomplete or unreported income in their previous tax periods without having to face prosecution or pay any penalty during the tax amnesty period. The program, which is now into its third period, will run until 31 March 2017.
It was explained by the Director for International Taxation of Indonesia’s Ministry of Finance, John L. Hutagaol in the dissemination of Indonesia's tax system and tax amnesty to the Indonesians living in Tokyo yesterday (23/03).
The dissemination, opened by chargé d'affaires of the Embassy of Indonesia, Dr. Ben Perkasa Drajat, was held on the sidelines of the delegate’s participation at the 8th IMF-Japan High Level Tax Conference for Asian Countries in Tokyo.
The delegate was also invited by Japan’s business community to disseminate Finance Minister Regulation No. 213/PMK.03/2016 implementing the new documentation requirement for transfer pricing. Taking place at the Tokai University Club, the event was attended by more than 100 taxpayers from Japan’s big corporates.
The Indonesian delegate also met Japan’s National Tax Agency (NTA) in preparation of the global taxation system adoption, namely Automatic Exchange of Information and recommendations to address tax Base Erosion and Profit Shifting (BEPS). The meeting was concluded with an exchange of Memorandum of Cooperation (MoC) between Indonesia’s Finance Ministry and Japan’s NTA.