Event Reports

On Tuesday, 25 August 2020, EuroCham organized the beverages sub-group meeting within the Agriculture, Food and Beverages Working Group. The meeting discussed plans for a joint advocacy effort related to the sale of alcoholic beverages on the online platform. The discussion was attended by Doni Wibisono, and Dendy Borman, in their capacity as the Head and Deputy Head of the Working Group. This meeting seeks to provide group members the opportunity to share ideas on EuroCham advocacy stategy for the topics, and identify stakeholders for collaboration needed.

In response to the issuance of the Minister of Finance Regulation No. 22/2020, which is a new ruling related to procedures for implementing the transfer price agreement (Advance Pricing Agreement / APA), the EuroCham Finance, Tax, and Investment Working Group organized a webinar entitled, “The New Era of Transfer Pricing in Indonesia”. This webinar was chaired and moderated by Omar Abdulkadir (Taxation Services Advisor at PwC Indonesia & EuroCham Head of Finance, Tax, and Investment Working Group). Two speakers were invited by the Group to present, namely Iwan Hoo (the Head of Transfer Pricing at KPMG) and Prawira Atmadja (CFO at BASF, EuroCham Board, and CFO Club Board Member). The webinar was attended by more than 80 participants to mainly serve as a platform to share updates on changes in the regulations and discuss the potential impact for companies who are struggling with the defense of their transfer pricing compliance. EuroCham will monitor these new regulations and continue to provide updates regarding its implementation.