Indonesia Publishes New Regulations on Foreign Tax Credits

On 9 January 2019, Indonesia's Directorate General of Taxation published new regulations on foreign tax credits (Regulation No. 192/PMK.03/2018). The new regulations update and replace prior regulations and generally apply in respect of foreign income derived from the 2018 tax year. The regulations include rules on determining sources of income, calculating the credit amount, proving that forei…
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