#Covid-19

MUC Consulting Successfully Holds Self-Funded Covid-19 Vaccination Program

MUC Consulting successfully organized two phases of the Covid-19 self-vaccination program in an orderly manner and in accordance with health protocols. 

Aug 6, 2021

Covid-19 Incentives Extended, Recipient Business Sectors are Trimmed

The government has extended the tax incentives provided for companies affected by the Covid-19 pandemic only for certain business sectors that are considered still struggling. 

Jul 15, 2021

Fighting Against Covid-19, MUC Holds Self-Funded Vaccination

MUC Consulting started a series of self-funded vaccination program as a form of corporate concern for the health of employees and their families, as well as to support the alleviation of the Covid-19 pandemic. 

Jul 9, 2021

2021, Hopes and Worries for Indonesian Taxes

It is important to always maintain hope even under the worst conditions. However, "worry" is very humane and needs to be managed even in a good condition. Including in analyzing taxation, there will always be opportunities and challenges amid global economic and political dynamics that are completely uncertain. 

Feb 8, 2021

Tax Incentives for Businesses Affected by Covid-19 are Extended, Coverage Expands.

The incentives for taxpayers affected by the Corona Virus Disease 2019 (Covid-19) pandemic are extended for six months, until the end of June 2021. In addition to the extension, the government is also expanding the scope of incentive recipients.

Feb 3, 2021

Measuring the Risk of Loss and Specific Costs of Transfer Pricing During Pandemic

The Covid-19 pandemic raises risks and potential losses as well as specific costs for business actors conducting transfer pricing.

Jan 11, 2021

Elaborating The Comparability Analysis in New Guidelines of OECD Transfer Pricing Documentation

Comparability analysis is one of the focuses of the Organisation for Economic Co-operation and Development (OECD) in preparing the latest guidelines on transfer pricing documentation of related-party transactions in the midst of the Covid-19 pandemic. 

Dec 30, 2020

OECD Released the Transfer Pricing Documentation Guidelines for Businesses Affected by COVID-19

OECD publishes new guidelines on transfer pricing documentation for companies affected by Covid-19 which highlights the importance of analyzing the impact of the Covid-19 pandemic on corporate related-party transactions.

Dec 21, 2020

OECD: Digital Tax Consensus Delays to Mid-2021

The Inclusive Framework of 137 member countries and jurisdictions had problems with discussion due to the 2019 Coronavirus Disease (Covid-19) pandemic as well as political differences. 

Oct 14, 2020

Payment Terms for Contribution of BPJS Ketenagakerjaan To Be Relaxed

Sep 11, 2020

Reduction of ITA 25 Installment is Added to 50%

The government increased the amount of Income Tax (PPh) Article (ITA) 25 installment reduction from 30% to 50%, from the tax period of July 2020 to December 2020.  

Aug 24, 2020

DGT Extends Account Reporting Time Related to AEoI

The Directorate General of Taxes (DGT) provides relaxation for Financial Services Institution (Lembaga Jasa Keuangan/LJK) in submitting financial information as of 31 December 2019, up to a maximum of 1 October 2020 as stated in the Director General of Taxes Letter number S-990 / PJ / 2020. This relaxation is given in the context of force majeure condition due to the Corona Virus Disease 2019 (Covid-19) pandemic.

Aug 3, 2020

Considered To Be Ineffective, ITA 21 DTP Incentive Will Be Replaced by Cash Transfer

Based on government data, until 22 July, 2020, ITA 21 DTP facility that has been used is only worth IDR 16.2 trillion. This amount is equivalent to 13.34% of the allocation provided by the government, which is IDR 120.61 trillion. In fact, this policy has been issued since April 2020, or it has been four months ago.

Jul 29, 2020

Cambodia To Require Covid-19 Deposit of USD 3000 for Tourist

The Cambodian government requires foreign tourists to pay a security deposit of USD 3000 or around IDR 42.3 million. The deposit will be used to cover any testing, quarantining and medical costs that may arise amid the current pandemic

Jun 23, 2020

MUCBijak Fifth Edition : Procedure of Objection and Appeal in the New Normal Era is Discussed

In general, the discussion showed that the pandemic that occurred made all parties, including taxation stakeholders can be responsive and accommodating to the situation. Thus, the tax administration process is not only carried out formally but is also substantive

Jun 22, 2020

Government Releases New Tax Incentives to Overcome Covid-19

The government released new tax facilities in the context of Covid-19 countermeasure in the form of: (1) 3% income tax discount for medical equipment manufacturers and companies that conduct buyback shares, and (2) the application of 0% final income tax for providers of leasing services to the government, medical personnel and other supporting personnel who received the assignment, as well as state officials,civil servants, members of the Indonesian National Armed Forces (TNI) and the Indonesian National Police (Polri), and their retirees.

Jun 22, 2020

Business Challenges are Increasing, MUC Encourages Collaboration at the MSI Global Forum

MSI Global Alliance, highlighting the companies challenges in leadership, management and financial which are increasingly heavy in the midst of Corona Virus Disease 2019 (Covid-19) pandemic.

Jun 20, 2020

Tax Incentives Related to Covid-19 are Only Enjoyed By 0,8% Taxpayers

Until 12 June, the number of taxpayers who had submitted a notification to DGT that they had used ITA 21 borne by the government facility are 103,000 taxpayers. While those who have used elimination of ITA 22 on import facility are 8,700 taxpayers.

Jun 17, 2020

DGT Examines the Completion Documents for Income Tax Return 2019 Shortly

Relaxation of submission of Annual Income Tax Return is a facility provided to the Taxpayer (WP) of an entity or individual who conducts bookkeeping but cannot submit Annual Income Tax Return along with its completeness documents before 31 May 2020.

Jun 14, 2020