New Penalty for Coal DMO Violations

New Penalty for Coal DMO Violations

Finance Minister Sri Mulyani Indrawati issued a new regulation on penalty and compensation funds for coal companies that do not follow the rules for fulfilling domestic needs, or known as domestic market obligations (DMO). The regulation,  Minister of Finance...

New Regulation on Regional Accounts Receivable Write-Off

New Regulation on Regional Accounts Receivable Write-Off

At present, there are 3,981 Case Files of State Receivables (BKPN) with a value of more than Rp469 billion. Given the high value of bad debts, it is necessary to have a strong collaboration between the Ministry of Finance as the state financial manager with the...

Performance Allowance for BRIN Employees

Performance Allowance for BRIN Employees

In August 24, 2022, President Joko Widodo enacted Presidential Regulation No. 104/2022 on Employee Performance Allowance within the National Research and Innovation Agency (BRIN). According to article 2 of the regulation, in addition to income, BRIN employees are also...

New Regulation for the Export of CPO in Indonesia

New Regulation for the Export of CPO in Indonesia

Minister of Trade has issued Regulation of the Minister of Trade No. 30/2022 on Provisions of Export of CPO, RBD Palm Oil, RBD Palm Olein, and UCO. The regulation is  to optimize the availability of cooking oil as one of the staple goods for all Indonesian people, and...

Legalization Process Through Apostille Services

Legalization Process Through Apostille Services

Definition of Apostille Legislation apostille legalization is an action to legalize an official's signature, stamp approval, and/or official seal in the requested document based on verification. Apostille is carried out on documents issued in the territory of...

PMK 114 2022: Tax Incentives for Taxpayers Affected by Covid-19

PMK 114 2022: Tax Incentives for Taxpayers Affected by Covid-19

The Covid-19 pandemic has had a significant impact on various aspects of people's lives in Indonesia. As a consequence, the government provides tax incentives for goods needed to manage the Covid-19 pandemic through Minister of Finance Regulation No. 3/PMK.03/2022 on...