Event Reports

On 11 February 2020, EuroCham Finance and Tax Working Group together with US-ASEAN Business Council, Korean Chamber of Commerce and Industry, and Jakarta Japan Club met with Suryo Utomo, Director General of Tax. The DG Tax presented tax plans and upcoming programs in 2020, as well as six substantial pillars in the Omnibus Law on Taxation which covers Law on Income Tax, Value Added Tax (VAT), General Provisions and Procedures for Taxation, Customs, and Regional Tax. The presentation by DG Tax was followed with brief presentations of inputs, questions, and recommendations from foreign chambers’ perspective regarding general taxation issue and Omnibus Law. Lastly, the chamber also handed over written inputs relevant to Omnibus Law and General Inputs on Taxation to the Director General.

On 7 February 2020, representatives from EuroCham Finance and Tax Working Group together with US-ASEAN Business Council, Korean Chamber of Commerce and Industry, and Jakarta Japan Club met with Leli Listianawati, Deputy Director for International Tax Information Exchange Sub Directorate of Directorate General of Tax, Ministry of Finance. The purpose of the meeting was to prepare agenda and topic of discussion, as well as technical detail for upcoming meeting with Suryo Utomo, Director General of Tax.

It was agreed during the meeting that the Directorate General of Tax will present upcoming changes introduced by the Draft Omnibus Law on Taxation, and as a response all foreign chambers participating the meeting will present five main challenges in tax paying process, which includes accounting changes, advance certainty, tax audit, tax refund, and digital tax. The meeting with the Director General itself has been conducted on 11 February 2020.