Requirements and Procedures for PPh Reductions for Domestic Publicly-Traded Company Taxpayers Finally Introduced

As originally mandated under Regulation of the Government No. 30 of 2020 on Income-Tax Tariff Reductions for Domestic Corporate Taxpayers in the Form of Publicly-Traded Companies (“ Regulation 30/2020 ”), [1] the Minister of Finance (“ Minister ”) has now issued Regulation of the Minister No. 123/PMK.03/2020 on Forms and Procedures for the Submission of Reports and Lists of Taxpayers in Order to Fulfil Requirements for the Reduction of the Income-Tax Tariffs of Domestic Taxpayers in the Form of Publicly-Traded Companies (“ Regulation 123/2020 ”).