Business News
IMF’s call for debt cut not addressed to Indonesia: Finance Minister
Jakarta (ANTARA News) - Finance Minister Sri Mulyani Indrawati believed the International Monetary Fund (IMF)`s statement calling for developing nations to reduce debts to avoid a risk of global economic slowdown was not relevant to Indonesia.The IMF call is addressed to a number of countries whose ratio of debts to…
Reviewing BKPM, Jokowi Stated the Business Licensing Process is Fast Already
TRIBUNNEWS.COM, JAKARTA - President Joko Widodo reviewed the licensing process or One-Gate Integrated Service (PTSP) at the office of the Investment Coordinating Board (BKPM), Jakarta, Monday (1/14/2019).Jokowi who wore long-sleeved brown batik and accompanied by Coordinating Minister for Economic Affairs Darmin Nasution and Head of BKPM Thomas Lembong arrived at…
E-commerce Businesses Subject to New Tax Law in April
E-commerce businesses will soon be required to have tax numbers (NPWPs) and report their recapitulation of trade transactions to the Finance Ministry following its newly issued regulation on taxation for online trade transactions.Having been approved by the Law and Human Rights Ministry and signed by Finance Minister Sri Mulyani Indrawati,…
MINISTRY OF FINANCE WILL RELEASE E-COMMERCE TAXATION GUIDELINE.
Ministry of Finance will release e-commerce taxation guideline in response to recent confusion over finance ministerial regulation on taxation for online transactions. Previously the Indonesian E-Commerce Association (idEA) protested the requirement imposed by the ministerial regulation that online merchants would have to provide their tax numbers (NPWPs) or citizenship identity…
