Nazly Parlindungan Siregar

1 month ago | lexology.com | Tunggul Purusa Utomo |Indira Yustikania |Ismail Muhammad |Nazly Parlindungan Siregar |Budi Herdiyanto

Starting 1 March 2025, a new regulation, Government Regulation No. 8 of 2025 (“New Regulation“), changes the rules for how natural resources exporters must manage their foreign currency earnings, known as DHE SDA (devisa hasil ekspor sumber daya alam, or foreign exchange proceeds from natural resources). This new rule updates Government Regulation No. 36 of 2023 (“2023 Regulation“), which we discussed in our previous client alert (click here to read).

Oct 1, 2024 | lexology.com | Nazly Parlindungan Siregar

Recent changes to Indonesia's financial information access rules have significant implications for taxpayers and financial institutions. The Minister of Finance Regulation No. 47 of 2024 (“Regulation”) introduces new anti-avoidance measures and expands reporting requirements, reflecting a global shift towards greater transparency and cooperation in tax matters. The Regulation was issued on 18 July 2024, and came into force on 6 August 2024.

Jul 30, 2024 | lexology.com | Nazly Parlindungan Siregar

In an attempt to simplify the tax framework in Indonesia, the Director General of Tax (“DGT”) has issued DGT Regulation No. PER-6/PJ/2024 (“Regulation”) to merge the individual tax ID numbers (Nomor Pokok Wajib Pajak or “NPWP”) with the national ID (Kartu Tanda Penduduk or KTP) number (called Nomor Induk Kependudukan or “NIK”).

Jan 31, 2024 | lexology.com | Kala Anandarajah |Tanya Tang |Alvin Tan |Joshua Seet |Heng Chhay |Linda Qiao | +8 more

OverviewHappy 2024! To wrap up the year 2023 and further to our Regional Trade Mid-year Highlights, we are pleased to present an overview of the various trade law related developments in the region. 2023 has been a year of moving onward from the pandemic, though fraught with gloomy growth predictions. In spite of this, trade law has continued to evolve, with legislations, regulations, and policies continuously upgrading to better facilitate the movement of goods across borders.

Jan 31, 2024 | lexology.com | Kala Anandarajah |Tanya Tang |Alvin Tan |Joshua Seet |Heng Chhay |Linda Qiao | +8 more

OverviewHappy 2024! To wrap up the year 2023 and further to our Regional Trade Mid-year Highlights, we are pleased to present an overview of the various trade law related developments in the region. 2023 has been a year of moving onward from the pandemic, though fraught with gloomy growth predictions. In spite of this, trade law has continued to evolve, with legislations, regulations, and policies continuously upgrading to better facilitate the movement of goods across borders.