by CFD | Apr 22, 2024 | Tax
As Eid al-Fitr approaches, many Indonesians plan to “go home” or go to their hometowns to celebrate Eid al-Fitr with their families. This tradition has become an important part of Indonesian culture, where families gather to forgive each other, pray...
by CFD | Apr 6, 2024 | Tax
In Indonesia, PPh 21 is an income tax imposed on every individual who has a fixed income. PPh 21 also applies to recipients of Additional Income known as THR (Tunjangan Hari Raya).THR is a form of incentive or bonus given by companies to their employees ahead of the...
by CFD | Mar 21, 2024 | Tax
One important aspect of business cooperation is a cooperation agreement known as a Memorandum of Understanding (MoU). An MoU is a legal document that defines a framework for cooperation between two or more parties to achieve common goals without involving...
by CFD | Mar 17, 2024 | Tax
Taxes are an important instrument in a country’s fiscal policy to collect revenue to finance various public programs and services. However, in the context of poverty, the tax system can also be an effective tool for reducing social and economic inequality...
