Ministry of Finance will make a rule about e-commerce in Indonesia

News24xx.com - Completion of online trading (e-commerce) will continue to be done by the Ministry of Finance (MoF). This will be enacted in the Minister of Finance Regulation (PMK) in terms of taxes. President Joko Widodo has also asked the perpetrators of e-commerce group of Micro, Small and Medium Enterprises (MSMEs) will be charged of PPh to 0.5 percent.

 

Finance Minister of Indonesia, Sri Mulyani said on Friday, January 19, 2018, "We have finished the discussion between the ministries / agencies, now the last formulation must wait from the PMK side. For PPh, majority of suppliers are MSMEs. Now, we are proposing that the taxes be revised to reduce the tariff to half, " he said.

 

Previously, the government has also asserted that tax imposition on electronic transactions will be more related to the procedure, not to the imposition of a new type of tax.

Tax collection is applied to e-commerce actors who own the application, and not a new tax object because it's only changed the way of transaction, from conventional to electronics.

For it's own method of taxation, still in the process of review and preparation because Taxpayers that involved in electronic transactions have different characteristics.

The tax arrangements that are imposed are also mentioned not to be much different from the conventional transaction on sale and purchase.

 

 

 

 

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