VAT-Registered Business (PKP) is an important status within Indonesia’s taxation system, particularly in the collection and reporting of Value Added Tax (VAT). This status determines whether a business entity must collect, remit, and report VAT. Several new regulations strengthen PKP…
PT Synergy Ultima Nobilus sent two delegates to the AOTCA 2025 International Tax Conference. The Asia Oceania Tax Consultants Association (AOTCA) is an association of tax consultants and tax professionals across the Asia–Oceania region. It serves as a platform for…
Padel: An Emerging Trend in Racket Sports In recent years, padel has witnessed an extraordinary surge in popularity, particularly within urban landscapes. Although it may superficially resemble tennis, the sport is distinguished by fundamental differences: the racket lacks strings, and…
Government Extends Relief for Individual MSMEs Taxpayers: Final Income Tax 0.5% Until 2029, But What About Corporate Entities? The government has announced good news for micro, small, and medium enterprise (MSME) taxpayers who are individuals: the 0.5% Final Income Tax…
As public interest in crypto assets such as Bitcoin, Ethereum, and various other digital tokens continues to rise, the Indonesian government has established a more structured tax framework through its latest regulations. One of the key aspects in the implementation…
Crypto assets such as Bitcoin, Ethereum, and others have become increasingly popular investment instruments in recent years. Nevertheless, despite their profit potential, many taxpayers in Indonesia remain unaware that these digital assets also carry significant tax implications. To address this,…
Four new tax regulations have officially been enacted and will take effect on August 1, 2025. These four Ministry of Finance Regulations (PMK)—Numbers. 50, 51, 52, and 53 of 2025—introduce significant adjustments to Indonesia’s tax system. The changes affect cryptocurrency…
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…
