Month: December 2022

The Importance of Public Appraisal Service Office in Midst of Recession

The upcoming economic recession might soon become inevitable for most of the countries including Indonesia that Dollar United States to Rupiah is quite constantly rising annually in 2022 with currently at Rp 15.580 the latest in 9th December 2022. Even though some economists predicted Indonesia would not be badly jeopardized by the global recession compared …

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Brief Overview of KITE: Kemudahan Impor Tujuan Ekspor

In the midst of the uncertainty during Covid-19 crisis and Russia-Ukraine War, haunted by the 2023 upcoming economic crisis, economic resilience is still the Indonesian government top priority. To do so, the Indonesian Government keeps pushing trade balance positively and giving more income to the nation in accordance with next year’s instability. The Indonesian government …

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Implementation of Vienna Convention on Indonesia’s Tax Treaties

Vienna Convention on the Law of Treaties 1969 or Vienna Convention is International Treaties that regulates international treaties between states including general law and principle in conducting international treaties. The Vienna Convention defines international treaties as “international agreement[s] concluded between States in written form and governed by international law, whether embodied in a single instrument …

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Tax Exemption on Foreign Loan and Grants for Indonesian Government Projects

Recently, some Indonesian media have highlighted that Indonesia’s Foreign loan has been controlled regarding the upcoming crisis in 2023.  Indonesia’s Foreign Loan even decreased by around 7% in the third quarter of 2022 to 394.6 billion USD from 403.6 billion USD in the second quarter of 2022. Indonesian Government was trying to hold its accountability …

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Taxation for Permanent Establishment in Indonesia

According to the Senior Economist of the Center of Reform on Economics (CORE), Indonesia would still have growth in investments for the year 2023 while most of the other countries in the world will have a slowdown. Currently, investment contributes to the second biggest share of Indonesia’s economic growth. Furthermore, Indonesia itself will be one …

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