The Directorate General of Taxation of Indonesia issued a new regulation to prevent the misuse of double taxation agreements and avoidance of taxes (“Directorate General Taxation No.PER-62/PJ/2009 of 2009 regarding Prevention of Misuse of Double Taxation Agreement (November 5, 2009) (“DG Tax 62/09”)). The definition of Avoidance of Double Taxation Agreement (“P3B”) is any agreement … Continue reading Prevention of Misuse of Double Taxation Agreements
Month: December 2009
Implementation of One Stop Services on Investment Licenses in Indonesia
Investment Law Indonesia has mandated the establishment of One Stop Services (“OSS”). Following the implementation of OSS, the President has issued regulation on OSS (President Regulation No.27 of 2009). This regulation stipulates that the Coordinating Investment Body (BKPM) will be responsible for establishment OSS in local regions. Further, the Ministry of Industrial delegated its authority … Continue reading Implementation of One Stop Services on Investment Licenses in Indonesia
Mary Osmond 