Disclosure of Financial Information for Taxation Purposes: Next Phase Rolled Out

The Ministry of Finance (“Ministry”) has issued Regulation No. 70/PMK.03/2017 on Technical Guidelines for Access to Financial Information for Tax Purposes (“Regulation 70/2017”), as an implementing regulation to Government Regulation in Lieu of Law No. 1 of 2017 on Access to Financial Information for Tax Purposes (“Perppu 1/2017”). [1] Regulation 70/2017 revokes two provisions originally set out in other related regulations, specifically: [2]