The principal taxes applicable to companies doing business in Indonesia are CIT.

branch profit tax, WHT, value added tax (VAT) and luxury-goods sales tax (LST), and

various other indirect levies, such as tax on land and buildings, regional taxes, and

stamn duty. There is no excess profit tax or alternative minimum tax. Tax exemntions and various tax incentives are available to qualified entities.

 

Indonesia Quick Tax Facts for Companies

CIT rate

FY2019: 25%6

FY 2020 and FY 2021: 22%

FY 2022 and thereafter: 40%

Branch Profit tax (BPT) rate

20%

Capital gains tax rate

0.1% - 25%

Basis

Worldwide, with certain exemptions for dividends and business profits

Participation exemption

Yes

Loss relief

  • Carryback

- Carryforward

No

5 Years

Withholding Tax

 

  • Dividene
  • Interest
  • Royalties
  • Technical Service fee

- Branch profit tax

20% (nonresident); 10%/ exempt (resident)

20% (nonresident); 15%/20% (resident)

20% (nonresident); 15% (resident)

20% (nonresident); 2% (resident)

20%

 

Capital tax

No

 

Social Security contributions (employer contribution)

0.24% - 4%

 

Land and building tax

0.3% - 0.5%

 

Land and building acquisition duty

5%

 

Transfer Tax

0.1% (transfer of shares listed on Indonesian

stock exchange),

5% (transter of shares in non-listed resident

company by a nonresident:

0%/0.5%6/1.0%/2.5% of gross proceeds

tranfer of land/or building)

 

       

 

Source : Deloitte 2021

 


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