#Omnibus Law

Understanding The Labor Law After The Enactment of Omnibus Law

The issuance of Law Number 11 of 2021 concerning Job Creation which was compiled with the omnibus law mechanism, amended a number of provisions in the field of employment.

Mar 1, 2022

The Constitutional Court Rules on The Job Creation Law is Unconstitutional

In addition to declaring temporary unconstitutional, the panel of judges of the Constitutional Court also instructed the government to suspend all strategic and broad-impact policies and be prohibited from issuing new implementing rules.

Nov 26, 2021

The Third Omnibus Law on Taxation Has Been Completed, Here Are Some Points!

The Government and the House of Representatives (DPR) changed the name of the Draft Law on Taxation General Provisions and Procedures (KUP) to the Taxation Harmonization Bill (HPP). 

Oct 1, 2021

Let's Keep an Eye on the VAT Policy!

The government has promised not to carelessly tax basic necessities, educational services, and health services. Let's keep an eye on and that promise, since the slightest possibility can change the attitude of policy makers in the future.

Jul 4, 2021

Tax-Free Dividends Mechanism is Similar to Tax Amnesty

Dec 17, 2020

In December 2020, Minister of Finance Sets Administration Sanctions and the Lowest Interest Compensation of 0.53%

The Minister of Finance determines the tax administration sanctions for the period 1 December - 31 December 2020, starting from 0.53% to 1.78%, while the interest compensation is set at an average of 0.53% per month.

Dec 1, 2020

Signed by Jokowi, the Job Creation Law Officially Applies

This signing is done before the deadline for ratification as it should be, which is a maximum of 30 days. Because if it refers to the approval date of the House of Representatives (DPR) on 5 October, the ratification deadline falls on 5 November 2020.

Nov 3, 2020

These General Provisions on Taxation are Overhauled in the Omnibus Law 

 The Minister of Finance is given the authority to set the amount of administrative sanctions in the form of interests and fines higher than the benchmark interest rate (BI 7-Day Repo Rate). 

Oct 8, 2020

Now It's VAT Law Dragged by Omnibus Law on Job Creation

VAT-Registered Persons who have not yet submitted taxable goods or services for export, being able to credit input taxes as long as they meet the crediting requirements according to the Law. 

Oct 7, 2020

Omnibus Law on Job Creation Relaxes Income Tax Provisions

The Job Creation Law (UU Cipta Kerja) also relaxed several clauses in the Income Tax Law (UU PPh), including changing the taxation system to be territorial-based, reducing tax objects, adding the dividend criteria exempted from tax imposition, and flexibility to lower the rate of Income Tax Article 26. 

Oct 6, 2020

The Government Still Intends to Complete Omnibus Law on Taxation

The plan to finalize the Omnibus Bill on Taxation becomes an interesting thing, because some of the points included in this Act are actually contained in Law Number 2 of 2020 concerning the Stipulation of Government Regulations in Lieu of Law (Perppu) number 1 of 2020.

Jun 24, 2020