Officially published! PMK of tax incentive for taxpayers affected by Covid-19

“To manage the impact of a pandemic Coronavirus disease In 2019, it is necessary to extend the time required for tax incentives during the national economic recovery period by providing convenience for wider use of incentives, “said one of the considerations in PMK 9/2021, quoted on Wednesday (3 / 2/2021).

Regarding the incentives provided, among others First, Income tax (PPh) Article 21 by the government (DTP). Second, PPh DTP final for UMKM. Third, DTP of construction services definitive PPh for the Program for the Acceleration of the Improvement of the Use of Irrigation Water (P3-TGAI).

Bedroom, Import PPh Article 22 exemption. Fifth, Deduction of 50% of the Income Tax quotas of Article 25. Sixth, Expedited VAT refunds. See also the article “Plan is to re-grant article 25 income tax installment reductions this year.”

Incentives are granted for the tax period of January 2021 to the tax period of June 2021. The incentives for the exemption of article 22 of PPh on imports are valid until June 30, 2021. As soon as this PMK enters in force, PMK 86/2020 stdd PMK 110/2020 is revoked and declared invalid.

Regarding the PPh incentive of Article 21 DTP, taxpayers can use it in 1,189 business field classifications (KLU). Incentives for exemption of import PPh Article 22 for taxpayers to 730 KLU. Incentive to reduce the quota of article 25 PPh for 1,018 KLU. Accelerated VAT refund incentive for taxpayers at 725 KLU.

“The responsibility of taxes in charge of the government … that has been executing before this ministerial regulation enters into force, is carried out in accordance with the provisions of the laws and regulations,” reads the fragment of the Article 20 of the PMK that enters into force on February 2, 2021. See ‘Complete. This is the Official Explanation of the DGT for the Extension of 6 Tax Incentives’. (kaw)