Two Sides of the Planned Revision
Revision to the General Provision of Taxation Procedures Law will change a number of tariff and tax collection schemes. It presents a dilemma between the need for state income and potential adverse impact on the economy.
Aisha Shaidra
May 31, 2021
NOT all the contents of the General Provisions of Taxation Procedures (KUP) Bill is seen in positive light by the business community. As business owners impatiently wait for another tax amnesty program due this year, they are becoming concerned over some changes to the provisions on value-added tax (PPN) and income tax (PPh).
Increasing the PPN tariff, said Indonesia Chamber of Commerce and Industry (Kadin) Deputy Chair
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