Kategori: Tax

Taxes Pharmaceutical Industry. The government provides five tax facilities for both goods and services. Use for handling the corona virus pandemic (Covid-19). The policy departs from the need for procurement in the pharmaceutical industry. The provisions of the tax facilities are as state in the Minister of Finance Regulation.

As well as Indonesia Vehicle Tax Incentives. The Ministry of Industry plans to relax the new car purchase tax of up to 0%. This proposal has been submitted to the Ministry of Finance. This tax relaxation is expected to be able to boost car sales again, which were sluggish during the Covid-19.

Excise Tax Revenue amidst Illegal Cigarettes. The Ministry of Finance (Kemenkeu) note that excise tax revenue until the end of August 2020 reach Rp. 97.71 trillion or 56.74% of the target. Excise tax revenues consist of excise on tobacco products (HT), beverages containing ethyl alcohol.

Excise Tax Revenue Only 56%. As well as, Excise tax revenue this year does not appear to be on target. Given that, until August 2020, excise revenue was only Rp. 97.71 trillion. Or 56.74% of the government’s target. For the record, excise revenues consist of excise on tobacco products (HT), ethyl alcohol (MMEA) and ethyl.

Low Tax Base Extensification. The efforts of the Directorate General of Taxes to collect state revenue through extensification of the new tax base are hampered by social restrictions to prevent the coronavirus global.

Alcohol and Beverage Tax up to IDR 7 Trillion. Tax admission is projected to exceed the target year 2019. One of the supporters is the payment of Ethyl Alcohol (EA) and Beverage Containing Ethyl Alcohol (MMEA). Director General Customs Ministry of Finance, Heru Pambudi said until by the end of this year it predicts the.

Customs Duties Lower Customs Duties and Taxes. The Directorate General of Customs and Excise (DJBC) of the Ministry of Finance lowers the limits of customs duties and taxes for imported goods (de minimis), as the increase of imported products through e-commerce affects the competitiveness of domestic industry. Director of DJBC Heru Pambudi, decided to lower.

Double Cigarette Tax Rises. Cigarette manufacturers objected to tobacco tax rates in 2020. The higher latest tariff is contained in the Ministerial regulation of the Minister of Finance (PMK) No. 152/PMK. 010/2019 on the Second Amendment of PMK No 146/PMK. 010/, on the Tariff of tobacco tax (CHT). As well as, the Joint Chairman of.

CPO Exports Levy Delay. The government delayed the export of crude palm oil (CPO) levy and its derivatives. In consideration, the Government does not want to make CPO and its derivatives increasingly depressed. Originally, this policy will take effect on October 1, 2019. However, the plan withdrew to January 1, 2020. The CPO producers welcomed.