In 2022, Indonesia had a special occasion as the Presidency of G20 held in Bali while still in the middle of recovery after COVID-19 Pandemic and instability of global geopolitics. Through its presidency, Indonesia as a middle power seems to try to be a bridge for developing and underappreciated nations to be considered for their …
In 2022, Indonesia had a special occasion as the Presidency of G20 held in Bali while still in the middle of recovery after COVID-19 Pandemic and instability of global geopolitics. The group of world largest nations by Gross Domestic Products (GDP) and consisting of interesting countries of both developed and developing nations by its GDP …
Indonesia, the largest country in South East Asia by landmass, economy and demography, is a really promising country to start business. Not to mention Indonesia is part of G20, a group of countries that lead the world economy based on their share of Gross Domestic Product (GDP) showing this middle nation potency of their economy. …
Previously, we have talking regarding OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting as an example of International Regimes and how it could be viewed as two main perspectives. In this article we would take a look back to Indonesia as the host of G20 that conduct the meeting between financial minister regarding BEPS. …
Indonesian Position on OECD/G20 Inclusive Framework on BEPS Read More »
On 14th July 2022 in Bali, Indonesian Ministry of Finance was hosting the G20 Ministerial Tax Symposium intended to discuss regarding international tax challenges and the role of government especially from the members of G20 and their related ministry with the help of Organisation of Economic Co-operation and Development (OECD). On this event Indonesia emphasized …
International Regime Theory in OECD/G20 Inclusive Framework on BEPS Read More »
In the early 2021, Indonesian social media were heated up by a controversy from American digital nomad, Kristen Gray with her visa violation controversy and people dragging her with taxation matters for working in Indonesia to foreign clients around two years long only with traveling visa. It is all happening because of the advancement of …
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 …
Implementation of Vienna Convention on Indonesia’s Tax Treaties Read More »
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 …
Tax Exemption on Foreign Loan and Grants for Indonesian Government Projects Read More »
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 …
Taxation for Permanent Establishment in Indonesia Read More »
The government is still reportedly considering how to implement crypto taxes, but legislation passed in response to the pandemic laid the groundwork. The Indonesian government is reportedly planning to charge a 0.1% capital gains tax on crypto investments as well as a value-added tax, or VAT, on digital asset transactions starting from May 1. According …
Indonesia to impose 0.1% crypto tax starting in May: Report Read More »
