Tag
#Taxable Income
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articleHaving an Income Over IDR 5 Billion, Thousands of People are Subject to a 35% Income Tax Rate
This group of income tax rates for individuals is the highest layer set by the government in Law (UU) Number 7 of 2021 on Harmonization of Tax Regulations (HPP).
Jan 10, 2023
articleTax-Free Revenue Pegged at IDR 500 million in the HPP Law
The Harmonized Tax (HPP) Law pegs the non-taxable revenue limit at IDR 500 million and widens the range of personal taxable income at the lowest rate (5%) to IDR 60 million, from IDR 50 million previously.
Oct 8, 2021
articleLayer Added, Income Above IDR 5 Billion is a Subject to 35% Income Tax Rate
Minister of Finance Sri Mulyani plans to add a layer of taxable income, for individual taxpayers who earn above IDR 5 billion per year will be subject to an income tax of 35%.
May 27, 2021
