For those seeking the focus on business expansion, tax administration can be burdensome. Failure to comply with tax legislation can bring significant impediments to business. Through Income Tax Return Service, our teams have helped individual and corporate clients in the preparing and filing of Annual Tax Return. We have also assisted our high-wealth individuals and expatriates in compliance with the Indonesian Tax Legislation.
Statutory compliance with tax regulation is imperative, especially for business entities, be it individuals or corporations. Our Tax Compliance service covers these specific areas: monthly withholding tax returns, monthly VAT returns, corporate income tax returns, and employee (payroll) income tax returns, assistance in response to SP2DK (Letter of Request for Explanation and Data/Information) from Tax Office. The scope of work can be suited according to your needs. Our experts consist of certified tax consultants with years of experience in advising clients upon tax matter. We have been supporting our local and foreign clients with strategic and updated tax advice relevant with their business. This is to optimize the benefit of tax planning while maintaining the tax risk exposure as minimum as possible.
Our team has proven their expertise in supporting our client in the tax dispute. We have successfully assisted our clients in settling their tax disputes (Tax Audit and Objection) with optimal results. We employ the combination of comprehensive legal framework, theoretical concepts, and experience to obtain optimal results, as well as ensure that our professionals uphold ethical codes and perform their duty in compliance with applicable laws. Our team will help you in each stage of tax audit and objection, be it data/information collection, case building, and legal argument, providing a written response, representing you in interacting with the tax authority, and evaluating tax audit techniques conducted by tax authority when necessary.
The absence of resources and guidelines in interpreting and implementing tax regulations in Indonesia may give certain risk exposure to your business entity. To minimize such risk, our expert will assist you in analyzing compliance and how prudent your taxation is. Our comprehensive tax review is designed to give additional value, which may increase the degree of assurance in overall tax compliance. We will conduct an overall evaluation of bookkeeping, tax calculation, tax accounting, and tax reporting. Upon this engagement, the team will not only discover a strong basis for your factual position along with its inherent tax risk but also propose with alternative solution.
Tax authorities are increasing awareness and intensifying their scrutiny of Business Group-affiliated transactions. Indonesia has established a set of rules and audit standards regarding the transfer pricing matter. Therefore, certain entities may be required to provide and disclose Transfer Pricing Documentation (Local File, Master File, and CBCR when necessary). Non-compliant parties may potentially exposed to stricter penalties or higher tax risk due to significant fiscal correction during tax audits.
Tax due diligence is immensely important during the business restructuring process, particularly mergers & acquisitions, divestment, and spin-offs, as well as business dissolution. The main objective of tax due diligence is to assess the overall tax profile of the target entity. Without proper tax due diligence, an entity’s tax situation can not be determined, thus any potential inherent tax risk can not be well mitigated. Through tax due diligence, the disclosed and undisclosed data, realized and unrealized tax liabilities, and their tax risk exposure can be determined. This will help the purchaser to establish the appropriate acquisition price or funding structures. Contact us for further inquiries.
