OrbitaxBranch profits tax exemption – administrative guidance
|Approved Changes| Indonesia
The Tax Office issued Regulation PER-16/PJ/2011 dated 6 June 2011 which provides the administrative requirements of the exemption from branch profits tax as provided by Regulation No. 14/PMK.03/2011.
The Regulation states that effective 6 June 2011, a branch must prepare and submit a written reinvestment notification in order to claim the exemption. The written n…
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