What is PPH 23 tax Indonesia?
What is Income Tax Article (PPh) 23? Income Tax Article 23 is a withholding tax, where certain types of income are withheld by the tax collector during a transaction/transfer with a person or organization who is liable of taxation (taxpayer).
What is PBB tax Indonesia?
The land and building tax or Pajak Bumi dan Bangunan (PBB) is a state tax and the most basic property tax in Indonesia. … PBB is levied at 0.5% and it is a regional income for the local government and central government for their facilities provision.
What is VAT number in Indonesia?
Indonesia VAT number format
Businesses in Indonesia that are required to collect tax will be issued an identification number. Tax identification numbers can be verified with the The Directorate General of Taxes, and will follow a certain format. The VAT number format is 11.111. 111.1-111.111.
What is the corporate tax rate in Indonesia?
Corporate income tax (CIT) rates
For fiscal year 2020/21, a flat CIT rate of 22% applies to net taxable income. For fiscal year 2022 onwards, a flat CIT rate of 20% applies to net taxable income.
What PPh 21?
(i) Article 21 income tax (PPh 21) Employers are required to withhold PPh 21 from the salaries payable to their employees and pay the tax to the State Treasury on their behalf. … Resident individual taxpayers without an NPWP are subject to a surcharge of 20% in addition to the standard withholding tax.
What is final tax Indonesia?
Dividends received by resident individual taxpayers are subject to final income tax at a maximum rate of 10%. b. Non-resident recipients: 20% (lower for treaty countries) final withholding tax is due on dividends paid to a non-resident recipient.
What is subject to withholding tax in Indonesia?
Withholding tax is imposed at 20 percent on various amounts payable to non-residents (e.g. dividends, interest and royalties), unless the non-resident has a permanent establishment in Indonesia, whereby the rates applicable to payments to residents apply.
Are there property taxes in Indonesia?
Annual Property taxes In Indonesia, property taxes are imposed through progressive rates. In this logic; – Properties that have the value of 200 million rupiah have a property tax of 0.01%. –Properties that are valued between 200 million rupiah and 2 billion rupiah have a property tax of 0.10%.