Ministry of Trade Regulations No.25 Year 2020 On March 16, 2020 the Ministry of Trade issued new regulations relating to submissions of companies’ annual financial statements (LKTP), replacing the previous regulation about the same subject (Kepmenperindag No. 121 Year 2002). The new regulation emphasizes that once submitted, the financial information contained in the LKTP becomes

Summary of Regulation of the Minister of Finance No. 23 / PMK.03 / 2020 A. Criteria for Granting Income Tax (PPh 21) Borne by the Government 1. Company: a. Has a Code of Business Classification (KLU) as listed in appendix A-PMK No.23 and has been reported in the Annual Tax Returns in 2018, and/or b.

PRESS RELEASE No. HM.4.6 / 32 / SET.M.EKON.2.3 / 03/2020 The Government Announces Second Economic Stimulus to Address the Impact of COVID-19 Jakarta, March 13, 2020 Fiscal stimulus in the context of handling COVID-19 1. Relaxation of Article 21 of Income Tax (PPh Article 21) The employee income tax of workers’ income up to Rp200