The government has issued PMK 37/2025, which appoints marketplaces as the parties responsible for collecting Article 22 Income Tax on the sale of goods by domestic sellers. In PMK 37/2025, marketplaces are referred to as Electronic Trading System (PMSE) operators.…
With the enactment of PMK 37/2025, merchants can no longer simply open an online store without tax implications. The government has designated marketplaces or Electronic Trading System (PMSE) operators as the parties responsible for withholding Article 22 Income Tax on the…
The Directorate General of Taxes (DGT) continues its digital transformation through the launch of the Generate Data Application (GENTA). This application is designed to improve the efficiency of tax administration services, particularly in providing electronic access to tax invoice data…
Tax audit is an essential process for ensuring taxpayers’ compliance. Through these audits, the Directorate General of Taxes (DGT) verifies the fulfillment of tax obligations, including the accuracy of tax reporting and payment. Starting in February 2025, the Government of…
Fraud is a serious threat faced by many companies. These actions not only cause financial losses but also damage the company’s reputation and stakeholder trust. To prevent fraud effectively, organizations need to understand its root causes and establish the right…
As business competition becomes increasingly fierce, many companies are choosing to grow through strategies like mergers or acquisitions. Although these terms are often used interchangeably, they involve different approaches that business owners should clearly understand before expanding. Merger: Two Forces…
In Indonesia, April often stresses business owners, as they must meet their annual tax reporting obligations by the final deadline. Companies need to file their Corporate Annual Tax Return by 30th April, pushing many entrepreneurs to gather the required documents.…
Segregation of Duties (SoD) is a fundamental principle in a company’s internal control system. Its purpose is to reduce the risk of fraud, errors, and misuse of authority. In the context of financial functions, segregation of duties is crucial because it…
Tax compliance is often not a top priority for many small business owners, even though it plays a critical role in business sustainability. Understanding MSME (Micro, Small, Medium Enterprises) tax rules from the start helps ensure your business operates legally…
