Saturday, November 20, 2010

DG Tax publish rule amandemen transfer pricing

Jakarta - The Directorate General of Taxation will continue to minimize the occurrence of the practice of transfer pricing. One of them with the authority to correct the transfer pricing tax payers in the country with respect to transactions with related parties resident Taxpayer partner countries of Double Taxation Avoidance Agreement (P3B). Correction on transfer pricing is done through coressponding adjustment mechanism.

Director of Counseling, Services, and Public Relations Directorate General of Taxation Iqbal Alamsjah mention transfer pricing correction is stipulated in Article 19 of Regulation numbered DGT Per-48/PJ/2010 of Procedure for Approval of Joint Implementation Procedures (Mutual Agreement Procedure) based on the P3B.

Iqbal said the existence of this rule all the provisions of double taxation avoidance agreement can be implemented thoroughly. "Regulation of the DGT has been effective from 3 November 2010," Iqbal said in a press release written.

Application of this paraturan, said Iqbal would increase tax revenues because of the possibility of correction of tax on transfer pricing practices that happen ..

This regulation also sets out procedures for filing and implementing procedures for the Joint Agreement of the Interior Taxpayers Indonesia or Indonesian citizen who became taxpayers Domestic Partner P3B and procedure for handling requests from the Partner Country P3B MAP.

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