Draft Amendment Bill on the General Provisions and Procedures for Taxation - Contentious

The Draft Bill is an Amendment Bill and as such only impacts upon a small number of provisions ofLaw No. 6 of 1983on the General Provisions and Procedures for Taxation (Ketentuan Umum dan Tata Cara Perpajakan / KUP) as amended most recently byLaw No. 16 of 2000. The amendments are contentious for a number of reasons however paramount among these is that the amendments to Article 25 will result in a significant change to the self-assessment taxation mechanisms that are currently in place. This change would have a significant impact on how businesses are assessed with regard to their tax obligations.