Accounting for Tax

Generally, for tax purposes, a company‚Äôs books must be maintained in accordance with the prevailing accounting standards unless the tax law stipulates otherwise. By default, the books must be stated in Rupiah, composed in Indonesian, and stored in Indonesia. Subject to specific DGT approval, foreign-investment Penanaman Modal Asing/PMA) companies, PEs, subsidiaries of foreign companies, taxpayers… Read More