Minister of Finance Regulation No 72 Year 2025 dated 20 October 2025 (PMK-72) has amended Minister of Finance Regulation No 10 Year 2025 concerning Article 21 Income Tax on Certain Income Borne by the Government in the Context of Economic Stimulus for Fiscal Year 2025 (PMK-10). PMK-72 expands the business sectors previously eligible for the Article 21 income tax facility that was regulated by PMK-10 so that employees in the tourism sector are now eligible (subject to meeting the stipulated criteria). Read more at https://lnkd.in/gwtKZfaE #RSMIndonesia #tax
Indonesia Expands Article 21 Tax Facility to Tourism Sector
More Relevant Posts
-
Recently, the OECD Council approved the 2025 update to the OECD Model Tax Convention, marking the first comprehensive revision since 2017. The update introduces changes to key areas, including home office permanent establishments, #AssociatedEnterprises, #DisputeResolution, and exchange of information, while also reflecting the positions of certain jurisdictions. Discover what these developments mean in practice and how to proactively assess their impact on your #TransferPricing and cross-border tax position: https://lnkd.in/e5WCsB33 #KPMGBelgium
To view or add a comment, sign in
-
Recently, the OECD Council approved the 2025 update to the OECD Model Tax Convention, marking the first comprehensive revision since 2017. The update introduces changes to key areas, including home office permanent establishments, #AssociatedEnterprises, #DisputeResolution, and exchange of information, while also reflecting the positions of certain jurisdictions. Discover what these developments mean in practice and how to proactively assess their impact on your #TransferPricing and cross-border tax position: https://lnkd.in/eNCgVyEY #KPMGBelgium
To view or add a comment, sign in
-
Recently, the OECD Council approved the 2025 update to the OECD Model Tax Convention, marking the first comprehensive revision since 2017. The update introduces changes to key areas, including home office permanent establishments, #AssociatedEnterprises, #DisputeResolution, and exchange of information, while also reflecting the positions of certain jurisdictions. Discover what these developments mean in practice and how to proactively assess their impact on your #TransferPricing and cross-border tax position: https://lnkd.in/erhNmQBg #KPMGBelgium
To view or add a comment, sign in
-
Recently, the OECD Council approved the 2025 update to the OECD Model Tax Convention, marking the first comprehensive revision since 2017. The update introduces changes to key areas, including home office permanent establishments, #AssociatedEnterprises, #DisputeResolution, and exchange of information, while also reflecting the positions of certain jurisdictions. Discover what these developments mean in practice and how to proactively assess their impact on your #TransferPricing and cross-border tax position: https://lnkd.in/ep-UKR_Q #KPMGBelgium
To view or add a comment, sign in
-
#BCCPinTheNews | Business groups bare ‘tax wish list’ for 2026 "PHILIPPINE business groups are urging lawmakers to pass a general tax amnesty and review the value‑added tax (VAT) on electricity as part of their tax wish list for 2026. British Chamber of Commerce Philippines Executive [Vice] Chair Chris Nelson said the group supports the proposal of Senate Finance Committee Chair Sherwin T. Gatchalian to pass a general tax amnesty." Read the full article ⬇️ https://lnkd.in/gztJK2nm #BCCP2026 #BCCPinAction
To view or add a comment, sign in
-
-
📊 Which tax changes will enter into force in 2026? The new year brings several important updates to Estonia’s tax framework, affecting both companies and individuals. Our tax adviser Jaana Sild summarises the most relevant changes that will apply from 2026, as well as updates already adopted during 2025. Key topics covered include: • the introduction of a uniform basic exemption of €700 per month • updates to the Motor Vehicle Tax Act, including reliefs and revised components • increases in excise duties on alcohol, tobacco and energy products • changes to temporary incapacity benefits and social tax rules • new land tax principles, giving local governments more flexibility 👀 Read the full overview: https://lnkd.in/dgy3JWXC #GrantThorntonBaltic #Tax #TaxUpdate #TaxChanges2026
To view or add a comment, sign in
-
-
How to Get an Income Tax Exemption Certificate from FBR – Tax Year 2026 Are you eligible for tax exemptions, lower tax rates, or tax credits in Pakistan? The Federal Board of Revenue (FBR) has streamlined the procedure for issuance of exemption or lower rate certificates during tax year 2026. Read More: https://lnkd.in/daSMv-GW #FBRNotice #FBRNews #fbrpakistan #FederalBoardOfRevenue #incometax #exemption
To view or add a comment, sign in
-
-
BDO's Richard Spengler was featured in a recent issue of Tax Notes discussing the nuances around classifying PTET expenses and the importance of a state tax expense vs. a non-separately-stated expense. Read the full article: https://bdousa.com/3MGtzaZ
To view or add a comment, sign in
-