JAKARTA: After completing a total of 80 sector classifications benchmarking effort (Klu) or the business sector, the Directorate General of Taxation is now added 20 more Klu Klu bringing the total to 100.
Addition of 20 new Klu is determined by the DGT circular letter dated October 20, 2010 numbered SE-105/PJ/2010 on Stipulation ratio of total bencmarking stage IV.
"Ordered to the heads of regional offices to monitor the implementation of the Directorate General of Taxes for total utilization of benchmarking by the tax office," said Director General of Taxes in SE Mochamad Tjiptardjo Business was obtained yesterday.
The ratio of the total benchmarking is a tool or a reference to assess the fairness of financial performance and fulfillment of tax obligations by the taxpayer (WP) of these business sectors. Determination of the ratio of the benchmark using taxation data 2005-2007. The results of this benchmark can not be used directly as a basis for issuing an assessment.
Determination of the ratio of the total benchmarking carried out over 14 ratio of gross profit margin, operating profit margin, pretax profit margins, corporate tax to turnover ratio, net profit margin, and dividend payout ratio.
Furthermore, the ratio of input VAT on sales, payroll expenses to sales ratio, the ratio of interest expenses to sales, rental costs to sales ratio, depreciation expense to sales ratio, the ratio between the other input to sales, ratio of outside business income to sales, and the ratio of external costs business with sales.
Previously, the Directorate General of Taxation has set a benchmark ratio of total of 20 Klu through SE No. 96/PJ/2009 on 5 October 2009 concerning the ratio of the total benchmarking and utilization guidelines. Some 30 other business sectors regulated by the DGT Circular No. 11/PJ/2010 about determining the ratio of the total benchmarking Phase II, dated February 1, 2010.
Meanwhile, the determination of the ratio of the total benchmark of 30 set by the SE 68/PJ/2010 Klu on Stipulation ratio of total benchmarking phase III dated May 27, 2010.
Business Process Transformation Director General of Taxation Robert Pakpahan explains DG Taxation will continue to increase the number of business sectors which made his total benchmarking. "What matters more, the use of benchmarks that are already available will be increased again to facilitate monitoring of compliance."
According to him, it also will evaluate whether the utilization ratio of the total benchmarking data are used appropriately by the KPP.
"If it is not used optimally, we help make equipment including monitors to determine utilization. If misused, will be dealt with in accordance with the appropriate error handling of abuse by others, "he added.
Observers from the Tax Center Tax UI Tax DG Danny Septriadi reminded to be careful in setting the benchmark for the ratio of the total at a later date did not result in a tax dispute.
"Preparation of the database itself must be careful. Directorate General of Taxation should be able to ensure that it [the ratio of total benchmarking] is really accurate. Data for comparison should be local, do not use comparable overseas. "
He also warned that the ratio of the total benchmarking data is only an indicator of the inception of the tax violations that can not be used as a basis to issue an assessment. "Need to follow up again to prove any such indication."
However, determining the ratio of the total benchmarking is an activity which is fine by the Directorate General of Taxation in order to monitor taxpayer compliance.
Listen
Source : bisnis.com, 8 November 2010
Tuesday, November 9, 2010
Thursday, November 4, 2010
Bappenas: Flows of foreign funds may be taxed
JAKARTA. Incoming foreign funds can be taxed. The goal is to prevent economic disruption during a large-scale withdrawal.
Secretary to the Minister of National Development Planning / Bappenas Syahrial Loetan said tax has been applied in Brazil dah Thailand. Therefore he said the government should study the possibility of the imposition of such tax. "The domain remains in the Bank Indonesia (BI), for its magnitude domain also BI. There is no harm in applying it," he said on Monday (1 / 11).
Syahrial said the imposition of this tax will benefit the government in case of withdrawal of capital. "Buy a little expensive I think it's okay. We can handful slight advantage with the existing policy," he said.
Economic Observer Tony Prasetiantono was agreed. According to him, BI should impose gift taxes to foreign funds that will come out. According to him, that policy will not affect the stability of the rupiah. "I think necessary. It is time for it to do," he said.
He said the recent capital inflow continued to flood the emerging markets including Indonesia. According to him, foreign investors tend to seek more profitable investment, especially emerging markets in Asia. "By granting such tax, will hold a minimum capital inflow last longer. Especially if capital inflow could be allocated to the real sector," says Tony.
Source : Kontan Online
Secretary to the Minister of National Development Planning / Bappenas Syahrial Loetan said tax has been applied in Brazil dah Thailand. Therefore he said the government should study the possibility of the imposition of such tax. "The domain remains in the Bank Indonesia (BI), for its magnitude domain also BI. There is no harm in applying it," he said on Monday (1 / 11).
Syahrial said the imposition of this tax will benefit the government in case of withdrawal of capital. "Buy a little expensive I think it's okay. We can handful slight advantage with the existing policy," he said.
Economic Observer Tony Prasetiantono was agreed. According to him, BI should impose gift taxes to foreign funds that will come out. According to him, that policy will not affect the stability of the rupiah. "I think necessary. It is time for it to do," he said.
He said the recent capital inflow continued to flood the emerging markets including Indonesia. According to him, foreign investors tend to seek more profitable investment, especially emerging markets in Asia. "By granting such tax, will hold a minimum capital inflow last longer. Especially if capital inflow could be allocated to the real sector," says Tony.
Source : Kontan Online
Wednesday, November 3, 2010
Revised Statement of Financial Accounting Standards SFAS Adjusted to IFRS
a. SFAS No. 50 (Revised 2006),
about? Financial Instruments: Presentationand Disclosure?.
This standard is used for the classification of financial instruments from a prospective publisher, into financial assets, financial liabilities and equity instruments, the classification of related interest, dividends, losses and gains, and the circumstances in which financial assets and financial liabilities should be offset. SFAS No. 50 (Revised 2006) complement the provisions of the recognition and measurement of financial assets and financial liabilities are set out in SFAS No. 55 (Revised 2006). DSAK delay the implementation of SFAS No. 50 (Revised 2006) until January 1, 2010.
b. SFAS No. 55 (Revised 2006),
about? Financial Instruments: Recognition and Measurement?.
SFAS No. 55 (Revised 2006) provides guidelines for the recognition, measurement and derecognition of financial assets and financial liabilities including derivative instruments. These standards also provide guidelines for the recognition and measurement of sales contracts and purchase of non-financial items. DSAK delay the implementation of SFAS No. 55 (Revised 2006) until January 1, 2010.
c. SFAS No. 26 (Revised 2008),
about? Borrowing Costs?.
This standard provides guidance related to the capitalization of borrowing costs as part of the cost of an asset. SFAS No. 26 (Revised 2008) requires that borrowing costs that are directly attributable to the acquisition, construction or production of a qualifying asset to be capitalized as part of the cost of that asset. SFAS No. 26 (Revised 2008) effective since 1 January 2010.
d. SFAS No. 1 (Revised 2009),
about? Presentation of Financial Statements?.
SFAS No. 1 (Revised 2009) set the foundations for a general purpose financial statement presentation, in order to compare well with the financial statements of prior periods and with other entities' financial statements. SFAS No. 1 (Revised 2009) set the requirements for presentation of financial statements, financial reporting structure, the minimum requirements and content of financial statements requires the Company to publish a complete financial report consisting of Statement of Financial Position, Consolidated Comprehensive Income, Statement of Changes in Equity, Cash Flow, Notes Financial Statements, which contains a summary of significant accounting policies and other explanatory information, Statement of Financial Position at the beginning of the comparative periods are presented when the entity applies an accounting policy retrospectively or to make the restatement of financial statement line items, or when the entity has reclassified items in the report finances. SFAS No. 1 (Revised
2009) is effective for reporting periods beginning on or after January 1, 2011. Early application is encouraged.
e. SFAS No. 2 (Revised 2009),
about? Statement of Cash Flows?.
SFAS No. 2 (Revised 2009) provides specific guidance in preparing the Statement of Cash Flows. SFAS No. 2 (Revised 2009) requires the Company to provide information on relevant historical changes in cash and cash equivalents are classified into operating, investing, and financing. SFAS No. 2 (Revised 2009) is effective for reporting periods beginning on or after January
January 1, 2011.
f. SFAS No. 4 (Revised 2009),
about? Consolidated Financial Statements and Parent Financial Statements?
This standard focuses on the relevance, reliability and comparability of information presented in the consolidated financial statements of the Company and its own financial statements. According to SFAS No. 4 (Revised 2009), non-controlling interests (previously called minority interests) must be presented in the Statement of Financial Position in the equity, separate from the parent entity's equity owners. At the time the company makes its own financial statements, investments in subsidiaries should be carried at cost in accordance with SFAS No. 4 (Revised 2009). SFAS No. 4 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011.
g. SFAS No. 5 (Revised 2009),
about? Segment Operations?.
SFAS No. 5 (Revised 2009) requires the Company to disclose information that enables the users of the consolidated financial statements to evaluate the nature and financial impact of business activity.
SFAS No. 5 (Revised 2009) broaden the definition of operating segments and the procedures used to identify and report the operating segments. SFAS No. 5 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011. Earlier application is permitted.
h. SFAS No. 10 (Revised 2009),
about? Effect of Changes in Value Foreign Exchange Rates?.
SFAS No. 10 (Revised 2009) broaden the definition of functional currency and the factors considered in determining the functional currency of an entity as well as provide guidance in the reporting of transactions in foreign currency translation at the presentation currency, and translation of foreign operations. In the translation of foreign operations, goodwill arising from acquisition of the foreign operation and any fair value adjustments to the carrying value of assets and liabilities stated in functional currency and translated at the closing exchange rate. SFAS No. 10 (Revised
2009) is effective for reporting periods beginning on or after January 1, 2011.
i. SFAS No. 12 (Revised 2009)
about? Section Participation in Joint Venture?.
SFAS No. 12 (Revised 2009) provides guidance on accounting and reporting of ownership in the joint venture in the financial statements of venturers. Venturers have to acknowledge the participation in joint control of assets in its financial statements. Venturers have to admit that controlled assets, liabilities and expenses incurred and the revenue in its financial statements in the joint control operations. Participate venturers have to admit part in joint control entity using proportionate consolidation or equity method. SFAS No. 12 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011. Early adoption is encouraged.
j. SFAS No. 15 (Revised 2009)
about? Investments in Associated Entities?.
SFAS No. 15 (Revised 2009) be applied in accounting for investments in associate entities, namely an entity, including non-corporate entities such as partnerships, where the investor has significant influence and not an entity . Investments in associates accounted for using the equity method. SFAS No. 15 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011.
Early adoption of SFAS No. 15 (Revised 2009) is recommended.
k. SFAS No. 25 (Revised 2009)
about? Accounting Policies, Changes in Accounting Estimates and Errors?.
SFAS No. 25 (Revised 2009) requires the Company to disclose the impact which might arise from the application of financial accounting standards are new to the financial statements at the beginning of the implementation period.
SFAS No. 25 (Revised 2009) also provides guidance to record and reveal errors, changes in accounting estimates and accounting policy changes. SFAS No. 25 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011.
Early application is encouraged.
l. SFAS No. 48 (Revised 2009)
about? Impairment of Assets?.
SFAS No. 48 (Revised 2009) provides a procedure to identify and measure the cash generating unit of asset impairment. An impairment loss should be recorded to a cash-generating unit when the unit's recoverable amount is less than its carrying value. An impairment loss should be allocated to reduce the carrying amount of any goodwill allocated to cash generating units and to other assets of the unit is divided pro rata on the basis of the carrying amount of each asset in the unit. SFAS No. 48 (Revised 2009) requires the Company to assess at the end of each reporting period whether there are indications which show that an asset is impaired and impairment losses recognized in prior periods for assets other than goodwill is not there anymore.
SFAS No. 48 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011. Companies should apply prospectively.
m. SFAS No. 57 (Revised 2009)
about? Provisions Contingent Liabilities and Contingent Assets?.
In August 2009, DSAK issued SFAS No. 57 (Revised 2009), about? Provisions, Contingent Liabilities and Contingent Assets? which replaces SFAS No. 57, about? Provisions, Contingent Liabilities and Contingent Assets?. SFAS No. 57 (Revised 2009) provides guidance to recognize and express the application of estimated liabilities, contingent liabilities and contingent assets. SFAS No. 57 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011. Early adoption of SFAS No. 57 (Revised 2009) is recommended.
n. SFAS No. 58 (Revised 2009)
about? Non-Current Assets that Held for Sale and Discontinued Operations?.
SFAS No. 58 (Revised 2009) expanded the classification guidelines and measurement of assets available for sale. Assets available for sale are presented as current assets and separate from any other heading. SFAS No.
58 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011. Early implementation encouraged.
about? Financial Instruments: Presentationand Disclosure?.
This standard is used for the classification of financial instruments from a prospective publisher, into financial assets, financial liabilities and equity instruments, the classification of related interest, dividends, losses and gains, and the circumstances in which financial assets and financial liabilities should be offset. SFAS No. 50 (Revised 2006) complement the provisions of the recognition and measurement of financial assets and financial liabilities are set out in SFAS No. 55 (Revised 2006). DSAK delay the implementation of SFAS No. 50 (Revised 2006) until January 1, 2010.
b. SFAS No. 55 (Revised 2006),
about? Financial Instruments: Recognition and Measurement?.
SFAS No. 55 (Revised 2006) provides guidelines for the recognition, measurement and derecognition of financial assets and financial liabilities including derivative instruments. These standards also provide guidelines for the recognition and measurement of sales contracts and purchase of non-financial items. DSAK delay the implementation of SFAS No. 55 (Revised 2006) until January 1, 2010.
c. SFAS No. 26 (Revised 2008),
about? Borrowing Costs?.
This standard provides guidance related to the capitalization of borrowing costs as part of the cost of an asset. SFAS No. 26 (Revised 2008) requires that borrowing costs that are directly attributable to the acquisition, construction or production of a qualifying asset to be capitalized as part of the cost of that asset. SFAS No. 26 (Revised 2008) effective since 1 January 2010.
d. SFAS No. 1 (Revised 2009),
about? Presentation of Financial Statements?.
SFAS No. 1 (Revised 2009) set the foundations for a general purpose financial statement presentation, in order to compare well with the financial statements of prior periods and with other entities' financial statements. SFAS No. 1 (Revised 2009) set the requirements for presentation of financial statements, financial reporting structure, the minimum requirements and content of financial statements requires the Company to publish a complete financial report consisting of Statement of Financial Position, Consolidated Comprehensive Income, Statement of Changes in Equity, Cash Flow, Notes Financial Statements, which contains a summary of significant accounting policies and other explanatory information, Statement of Financial Position at the beginning of the comparative periods are presented when the entity applies an accounting policy retrospectively or to make the restatement of financial statement line items, or when the entity has reclassified items in the report finances. SFAS No. 1 (Revised
2009) is effective for reporting periods beginning on or after January 1, 2011. Early application is encouraged.
e. SFAS No. 2 (Revised 2009),
about? Statement of Cash Flows?.
SFAS No. 2 (Revised 2009) provides specific guidance in preparing the Statement of Cash Flows. SFAS No. 2 (Revised 2009) requires the Company to provide information on relevant historical changes in cash and cash equivalents are classified into operating, investing, and financing. SFAS No. 2 (Revised 2009) is effective for reporting periods beginning on or after January
January 1, 2011.
f. SFAS No. 4 (Revised 2009),
about? Consolidated Financial Statements and Parent Financial Statements?
This standard focuses on the relevance, reliability and comparability of information presented in the consolidated financial statements of the Company and its own financial statements. According to SFAS No. 4 (Revised 2009), non-controlling interests (previously called minority interests) must be presented in the Statement of Financial Position in the equity, separate from the parent entity's equity owners. At the time the company makes its own financial statements, investments in subsidiaries should be carried at cost in accordance with SFAS No. 4 (Revised 2009). SFAS No. 4 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011.
g. SFAS No. 5 (Revised 2009),
about? Segment Operations?.
SFAS No. 5 (Revised 2009) requires the Company to disclose information that enables the users of the consolidated financial statements to evaluate the nature and financial impact of business activity.
SFAS No. 5 (Revised 2009) broaden the definition of operating segments and the procedures used to identify and report the operating segments. SFAS No. 5 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011. Earlier application is permitted.
h. SFAS No. 10 (Revised 2009),
about? Effect of Changes in Value Foreign Exchange Rates?.
SFAS No. 10 (Revised 2009) broaden the definition of functional currency and the factors considered in determining the functional currency of an entity as well as provide guidance in the reporting of transactions in foreign currency translation at the presentation currency, and translation of foreign operations. In the translation of foreign operations, goodwill arising from acquisition of the foreign operation and any fair value adjustments to the carrying value of assets and liabilities stated in functional currency and translated at the closing exchange rate. SFAS No. 10 (Revised
2009) is effective for reporting periods beginning on or after January 1, 2011.
i. SFAS No. 12 (Revised 2009)
about? Section Participation in Joint Venture?.
SFAS No. 12 (Revised 2009) provides guidance on accounting and reporting of ownership in the joint venture in the financial statements of venturers. Venturers have to acknowledge the participation in joint control of assets in its financial statements. Venturers have to admit that controlled assets, liabilities and expenses incurred and the revenue in its financial statements in the joint control operations. Participate venturers have to admit part in joint control entity using proportionate consolidation or equity method. SFAS No. 12 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011. Early adoption is encouraged.
j. SFAS No. 15 (Revised 2009)
about? Investments in Associated Entities?.
SFAS No. 15 (Revised 2009) be applied in accounting for investments in associate entities, namely an entity, including non-corporate entities such as partnerships, where the investor has significant influence and not an entity . Investments in associates accounted for using the equity method. SFAS No. 15 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011.
Early adoption of SFAS No. 15 (Revised 2009) is recommended.
k. SFAS No. 25 (Revised 2009)
about? Accounting Policies, Changes in Accounting Estimates and Errors?.
SFAS No. 25 (Revised 2009) requires the Company to disclose the impact which might arise from the application of financial accounting standards are new to the financial statements at the beginning of the implementation period.
SFAS No. 25 (Revised 2009) also provides guidance to record and reveal errors, changes in accounting estimates and accounting policy changes. SFAS No. 25 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011.
Early application is encouraged.
l. SFAS No. 48 (Revised 2009)
about? Impairment of Assets?.
SFAS No. 48 (Revised 2009) provides a procedure to identify and measure the cash generating unit of asset impairment. An impairment loss should be recorded to a cash-generating unit when the unit's recoverable amount is less than its carrying value. An impairment loss should be allocated to reduce the carrying amount of any goodwill allocated to cash generating units and to other assets of the unit is divided pro rata on the basis of the carrying amount of each asset in the unit. SFAS No. 48 (Revised 2009) requires the Company to assess at the end of each reporting period whether there are indications which show that an asset is impaired and impairment losses recognized in prior periods for assets other than goodwill is not there anymore.
SFAS No. 48 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011. Companies should apply prospectively.
m. SFAS No. 57 (Revised 2009)
about? Provisions Contingent Liabilities and Contingent Assets?.
In August 2009, DSAK issued SFAS No. 57 (Revised 2009), about? Provisions, Contingent Liabilities and Contingent Assets? which replaces SFAS No. 57, about? Provisions, Contingent Liabilities and Contingent Assets?. SFAS No. 57 (Revised 2009) provides guidance to recognize and express the application of estimated liabilities, contingent liabilities and contingent assets. SFAS No. 57 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011. Early adoption of SFAS No. 57 (Revised 2009) is recommended.
n. SFAS No. 58 (Revised 2009)
about? Non-Current Assets that Held for Sale and Discontinued Operations?.
SFAS No. 58 (Revised 2009) expanded the classification guidelines and measurement of assets available for sale. Assets available for sale are presented as current assets and separate from any other heading. SFAS No.
58 (Revised 2009) is effective for reporting periods beginning on or after January 1, 2011. Early implementation encouraged.
Personal Income Tax calculation using Norm, Actually Adverse
You as an individual who becomes self-employed (not as an employee) in a year where the gross income of not more than Rp. 4.8 billion, - (four billion, eight hundred million rupiahs) could choose to keep books or use the Deemed Net Income in calculating the Personal Income Tax.
Many of those who choose to use the Norms as tax calculations simpler and also did not bother to arrange the books.
But Have you ever noticed that the income tax calculation using the Net Income Deemed proved to be more detrimental because of tax due becomes larger, it is possible that profitability obtained is smaller than the tax due.
Let's take an example, suppose you have a local grocery store, which sells household goods. Gross circulation a year of Rp. 500,000,000 -.
Based in the attachment table Deemed KEP-536/PJ./2000 regulations, for the type of retail trade enterprises grocery goods in the Jakarta area is 30%.
The amount of personal income tax payable if using the Norms as follows:
Gross Income USD. 500,000,000 -
Net Income (30%) to Rp. 150.000.000, -
Less PTKP (assuming TK / 0) Rp. 15,840,000, -
Taxable income Rp. 134 160 000, -
Personal income tax payable:
5% x Rp. 50.000.000, - Rp. 5.000.000, -
15% x Rp. 84,160,000, - Rp. 12,624,000, -
Total Rp. 17,624,000, -
If using deemed profit, meaning the cost of expenses such as employee salary costs, rental shop, electricity, and other operational costs should not be taken into account.
Though in general the benefits of trade ranges from 10% - 20% or even below 10%. Not to mention that in that year was its loss. Since choosing to use Deemed, the operating loss also should not be taken into account. So, had no need to pay taxes because the business was a loss, instead have to pay tax which is quite a material.
If you choose to use Deemed net income, do not forget to notify in writing to the Director General of Taxation no later than 3 (three) months from the beginning of the tax year concerned. If not, then considered to choose the books of account.
Since January 1, 2009 set in which, among other PER-4/PJ/2009 explain individual taxpayers who are not obliged to keep books, records must hold its shape have been defined in such Perdirjend
Although the use of Deemed to cause tax to be paid to be larger, but there are positive aspects that you need not bother to arrange the books, where to do that takes time and special skills.
Many of those who choose to use the Norms as tax calculations simpler and also did not bother to arrange the books.
But Have you ever noticed that the income tax calculation using the Net Income Deemed proved to be more detrimental because of tax due becomes larger, it is possible that profitability obtained is smaller than the tax due.
Let's take an example, suppose you have a local grocery store, which sells household goods. Gross circulation a year of Rp. 500,000,000 -.
Based in the attachment table Deemed KEP-536/PJ./2000 regulations, for the type of retail trade enterprises grocery goods in the Jakarta area is 30%.
The amount of personal income tax payable if using the Norms as follows:
Gross Income USD. 500,000,000 -
Net Income (30%) to Rp. 150.000.000, -
Less PTKP (assuming TK / 0) Rp. 15,840,000, -
Taxable income Rp. 134 160 000, -
Personal income tax payable:
5% x Rp. 50.000.000, - Rp. 5.000.000, -
15% x Rp. 84,160,000, - Rp. 12,624,000, -
Total Rp. 17,624,000, -
If using deemed profit, meaning the cost of expenses such as employee salary costs, rental shop, electricity, and other operational costs should not be taken into account.
Though in general the benefits of trade ranges from 10% - 20% or even below 10%. Not to mention that in that year was its loss. Since choosing to use Deemed, the operating loss also should not be taken into account. So, had no need to pay taxes because the business was a loss, instead have to pay tax which is quite a material.
If you choose to use Deemed net income, do not forget to notify in writing to the Director General of Taxation no later than 3 (three) months from the beginning of the tax year concerned. If not, then considered to choose the books of account.
Since January 1, 2009 set in which, among other PER-4/PJ/2009 explain individual taxpayers who are not obliged to keep books, records must hold its shape have been defined in such Perdirjend
Although the use of Deemed to cause tax to be paid to be larger, but there are positive aspects that you need not bother to arrange the books, where to do that takes time and special skills.
Personal Income Tax calculation using Norm, Actually Adverse
You as an individual who becomes self-employed (not as an employee) in a year where the gross income of not more than Rp. 4.8 billion, - (four billion, eight hundred million rupiahs) could choose to keep books or use the Deemed Net Income in calculating the Personal Income Tax.
Many of those who choose to use the Norms as tax calculations simpler and also did not bother to arrange the books.
But Have you ever noticed that the income tax calculation using the Net Income Deemed proved to be more detrimental because of tax due becomes larger, it is possible that profitability obtained is smaller than the tax due.
Let's take an example, suppose you have a local grocery store in Pasar Senen - Jakarta Pusat, which sells household goods. Gross circulation a year of Rp. 500,000,000 -.
Based in the attachment table Deemed KEP-536/PJ./2000 regulations, for the type of retail trade enterprises grocery goods in the Jakarta area is 30%.
The amount of personal income tax payable if using the Norms as follows:
Gross Income USD. 500,000,000 -
Net Income (30%) to Rp. 150.000.000, -
Less PTKP (assuming TK / 0) USD. 15,840,000, -
Taxable income Rp. 134 160 000, -
Personal income tax payable:
5% x Rp. 50.000.000, - Rp. 5.000.000, -
15% x Rp. 84,160,000, - USD. 12,624,000, -
Total Rp. 17,624,000, -
If using deemed profit, meaning the cost of expenses such as employee salary costs, rental shop, electricity, and other operational costs should not be taken into account.
Though in general the benefits of trade ranges from 10% - 20% or even below 10%. Not to mention that in that year was its loss. Since choosing to use Deemed, the operating loss also should not be taken into account. So, had no need to pay taxes because the business was a loss, instead have to pay tax which is quite a material.
If you choose to use Deemed net income, do not forget to notify in writing to the Director General of Taxation no later than 3 (three) months from the beginning of the tax year concerned. If not, then considered to choose the books of account.
Since January 1, 2009 set in which, among other PER-4/PJ/2009 explain individual taxpayers who are not obliged to keep books, records must hold its shape have been defined in such Perdirjen.
Although the use of Deemed to cause tax to be paid to be larger, but there are positive aspects that you need not bother to arrange the books, where to do that takes time and special skills.
Many of those who choose to use the Norms as tax calculations simpler and also did not bother to arrange the books.
But Have you ever noticed that the income tax calculation using the Net Income Deemed proved to be more detrimental because of tax due becomes larger, it is possible that profitability obtained is smaller than the tax due.
Let's take an example, suppose you have a local grocery store in Pasar Senen - Jakarta Pusat, which sells household goods. Gross circulation a year of Rp. 500,000,000 -.
Based in the attachment table Deemed KEP-536/PJ./2000 regulations, for the type of retail trade enterprises grocery goods in the Jakarta area is 30%.
The amount of personal income tax payable if using the Norms as follows:
Gross Income USD. 500,000,000 -
Net Income (30%) to Rp. 150.000.000, -
Less PTKP (assuming TK / 0) USD. 15,840,000, -
Taxable income Rp. 134 160 000, -
Personal income tax payable:
5% x Rp. 50.000.000, - Rp. 5.000.000, -
15% x Rp. 84,160,000, - USD. 12,624,000, -
Total Rp. 17,624,000, -
If using deemed profit, meaning the cost of expenses such as employee salary costs, rental shop, electricity, and other operational costs should not be taken into account.
Though in general the benefits of trade ranges from 10% - 20% or even below 10%. Not to mention that in that year was its loss. Since choosing to use Deemed, the operating loss also should not be taken into account. So, had no need to pay taxes because the business was a loss, instead have to pay tax which is quite a material.
If you choose to use Deemed net income, do not forget to notify in writing to the Director General of Taxation no later than 3 (three) months from the beginning of the tax year concerned. If not, then considered to choose the books of account.
Since January 1, 2009 set in which, among other PER-4/PJ/2009 explain individual taxpayers who are not obliged to keep books, records must hold its shape have been defined in such Perdirjen.
Although the use of Deemed to cause tax to be paid to be larger, but there are positive aspects that you need not bother to arrange the books, where to do that takes time and special skills.
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