What is the corporate tax rate in Indonesia?
The corporate tax rate in Indonesia for the 2023 fiscal year is 22%.
How can companies get assistance with corporate tax matters in Indonesia?
Companies can seek assistance from professional tax advisors, accounting firms, or tax consultants who specialise in Indonesian tax regulations to ensure compliance and optimise tax planning strategies.
What are the requirements for claiming tax incentives in Indonesia?
The requirements for claiming tax incentives vary depending on the specific incentive. Generally, companies need to meet certain criteria, submit necessary documentation, and comply with relevant regulations.
Are there any tax incentives available for companies in Indonesia?
Yes, there are various tax incentives available, such as tax holidays for certain industries, reduced tax rates for specific activities, and accelerated depreciation for qualifying assets.
Which Companies are Tax Residents of Indonesia?
The primary criterion for a company to be considered a tax resident of Indonesia is having a permanent establishment or primary place of management in Indonesia. Resident companies of Indonesia are taxed based on [...]
What expenses are Deductible in Indonesia?
Certain expenses in Indonesia are tax-deductible. These expenses include certain expenses directly related to a company’s operations as well as certain donations. Among these expenses are occupational expenses, pension contributions, donations for disaster [...]
How has Indonesia’s Corporate Tax Rate changed over the years?
The latest change to Indonesia’s corporate tax rate took place in 2010. In that year, the tax rate fell from 28% to 25%. The highest corporate tax rate to have ever existed in [...]