OrbitaxRevaluation of fixed assets for businesses
|Approved Changes|Indonesia
The Ministry of Finance has issued Regulation No. 79/PMK.03/2008, which is effective 23 May 2008 and replaces the former Decree No. 486/KMK.03/2002. Pursuant to the new regulation, an application can be submitted to the Director General of Taxation for the revaluation of fixed assets, subject to the following rules:
- eligible persons are resident companies and permanent establishm…
