News & Articles
Following a preparation meeting on 27 May 2020 with John Hutagaol as the Director of International Taxation, EuroCham was honored to participated in a joint dialogue on 29 May 2020 with the Director of General of Tax, Suryo Utomo. The virtual meeting was organized by the Directorate-General of Tax to disseminate information and get feedback on the newly issued Minister of Finance Regulation No. 48/PMK.03/2020 that regulates the procedures for the appointment and collection of VAT for imported digital goods and services. Other than EuroCham, this joint session was also joined by member companies of AmCham, and the US-Asean Business Council.
Under the new regulation, which takes effect from 1 July, the Indonesian Government will implement a change in VAT for foreign businesses that sell digital goods and services to customers in Indonesia. Businesses selling digital goods or services may need to collect VAT from their Indonesian customers, pay the tax to the Indonesian Government, and file quarterly reports to the Indonesian Tax Office. In his remarks, the Director General of Tax welcomed further discussion on how EuroCham members can comply with this new procedure, to ensure smooth implementation.
To navigate the "New Normal" in Indonesia, wherein business activities are expected to operate amidst the COVID-19 pandemic, companies have begun to formulate back-to-office strategies for its employees and stakeholders. To ensure that operations continue to function while minimizing the risks of exposure to COVID-19 for the employees of member companies, EuroCham organized a Sharing Session on the "Back-to-Office" Protocol on Tuesday (19/5).
The event was designed as a sharing session with representatives from well-known global companies that included Umesh Phadke (the President Director of L'Oreal Indonesia), Dedie Renaldi Manahera (Danone's Head of HR-Business Services), and Hery Haryono (Siemens Indonesia’s Corporate EHS Manager). The speakers explained the strategies and protocols adopted by each company in preparation for the back-to-office. The presentations drew open discussions, suggestions, and experiences from the over 80 participants with the hope that the discussion can help EuroCham member companies formulate an internal protocol that are based on best practices which places the health and safety of the workforce as a top priority.