Tax Amnesty II: Taxpayer Voluntary Disclosure Program Procedures Regulated

Through the promulgation of Law No. 7 of 2021 on the Harmonization of Tax Regulations (“ Law 7/2021 ”), [1] the Indonesian Government has introduced the Taxpayer Voluntary Disclosure Program. Often dubbed as the second chapter in Indonesia’s tax-amnesty program, [2] Law 7/2021’s Taxpayer Voluntary Disclosure Program provides an opportunity for taxpayers to report or disclose any tax obligations that have not previously been fulfilled voluntarily in relation to the following assets: [3]