On 29 December 2023, Indonesia’s Minister of Finance (MoF) released the revised transfer pricing guidelines Regulation No. 172 of 2023 (PMK-172). The updated and consolidated transfer pricing regulations in various chapters, such as: General

To provide greater justice and legal certainty in respect of the implementation of valuation in the fields of Income Tax, Value Added Tax, Land and Building Tax, and Tax Collection using Distress Warrants, on August 24, 2023, the Indonesian Minister

The new era of income tax treatment of benefits and in-kind in Indonesia is marked by the issuance Law of The Republic of Indonesia Number 7/2021 concerning Harmonization of Tax Regulations (HPP Law). Amendments to the Income Tax Law contained in

Indonesia issued Government Regulation No. 12 of 2023 (GR 12/2023) to facilitate the process of doing business in the new capital and to encourage companies to invest in Nusantara. The regulation aims to provide more security, opportunity and

The Director of International Taxation of the Directorate General of Taxes has confirmed that Indonesia is planning to implement the Pillar Two GloBE Rules from 2024. On 1-3 March 2023, the Ministry of Finance, Republic of Indonesia including

On 20 December 2022, Indonesia published Government Regulations No. 55 of 2022 with provisions to implement the OECD's two-pillar solution to address the tax challenges arising from the digitization of the economy. This includes authorizing the