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Tax Updates - 01/2022

By The End of This Month, Voluntary Disclosure Program will be Ended. Have You Applied for The Program?

  • By Admin
  • 13 June 2022

BY THE END OF THIS MONTH, VOLUNTARY DISCLOSURE PROGRAM WILL BE ENDED. HAVE YOU APPLIED FOR THE PROGRAM?

Deadline for the Voluntary Disclosure Program (VDP) will be approaching soon, which is June 30, 2022. The Government has given an opportunity for Taxpayer to join this program since January 1, 2022. VDP Program is one of the long-awaited programs, which up to June 13, 2022, there have been 75,938 participants with the total VDP Tax Payment of IDR 16.3 billion and the total net asset reported of Rp 163.2 billion. (Source: https://pajak.go.id/pps)

The main details on VDP have been explained in PB Taxand Tax Updates Issue #5 on December 2021. For those who are still hesitant or would like to know more about the VDP, this article will discuss several important points on the implementing regulation of the Law on Harmonization of Tax Regulations, which is Minister of Finance Regulation No. 196/PMK.03/2021.

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