Get ID DGT 2 2019

The employer must file the article 21 withholding tax by the 10th and 20th of the following month when the withholding tax is due. Withholding tax article 21 on salary is final and the tax withheld can be claimed as a tax credit in the employee's annual personal income tax return.

Transfer taxes The sale of shares listed on the Indonesian stock exchange is subject to a final tax at a rate of 0.1 percent of gross proceeds (plus an additional 0.5 percent for founder shares on the share value at the time of the IPO).

Royalties paid to a nonresident are subject to a 20% withholding tax, unless the rate is reduced in ance with an applicable tax treaty.

Withholding tax applies to both resident and non-resident companies in Indonesia. The tax rate on dividends is 15 percent for residents and 20 percent for non-residents (unless they have an applicable tax treaty).

Tax Identification Number (TIN) is known in Indonesia as Nomor Pokok Wajib Pajak (NPWP), with details as follows: A. NPWP is the number given to taxpayer used as a personal identification or identity of the taxpayer in exercising tax rights and in performing tax obligations. B.

FOR INDONESIA TAX WITHHOLDING (FORM – DGT 1)

Indonesian Income Tax Rates Rates for residents are progressive up to 35% based on total income. Non-resident employees are taxed at a flat rate of 20%.

Page 1. MINISTRY OF FINANCE OF THE REPUBLIC OF INDONESIA. (FORM DGT) DIRECTORATE GENERAL OF TAXES.