Webinar #BIJAK : A New Chapter of Indonesian Taxation After the HPP Law
Monday, 17 January 2022
Tax is the major and important instrument in managing the country. The tax dimension is very complex, not only as a tool to collect state revenues but also important in maintaining economic and social stability which is increasingly dynamic from time to time.
Especially amidst the multidimensional crisis of the last two years due to the Covid-19 pandemic. Taxes are becoming more and more necessary, particularly to support countercyclical policies in a number of countries, including Indonesia. Policies that require a super-large budget to overcome the pandemic while at the same time restoring the economy and people's welfare.
All of these prompted the Indonesian government to carry out massive tax reforms. Harmonization of Tax Regulations (HPP) became a narrative that was then developed and discussed quickly with the House of Representatives using the Omnibus Law scheme.
After being finalized at the end of 2021, the HPP Law officially goes into effect and becomes the opening for year 2022. Consisting of 9 Chapters and 19 Articles, the HPP Law introduces 2 new policies (Voluntary Disclosure Program and Carbon Tax), changing the amount of tax rates, as well as revising 4 Tax Laws: (1) Law on Taxation General Provision and Procedure; (2) Income Tax Law; (3) Value Added Tax Law; and (4) the Excise Law.
The government is optimistic that the HPP Law will be able to make Indonesia's tax system more efficient, neutral, flexible, effective, fair, and provide legal certainty for taxpayers.
"Besides collecting revenues, taxes must also be sensitive, as well as responsive to economic needs. On the other hand, we also ask for better tax management, there should be no corruption. There must be easy, simple, and short processes and procedures [for taxpayers]," said Minister of Finance Sri Mulyani Indrawati during the Kick Off Online Socialization of the HPP Law in front of entrepreneurs (19/11/2021).
Is the HPP Law able to answer the expectations and demands of the times?
To answer the question, MUC Consulting in collaboration with Kompas.com will hold a series of #BIJAK (Tax Talk) seminars to elaborate on the key points of the HPP Law.
The first webinar will be held on Wednesday, 19 November 2022 at 13.00 WIB until it is finished.
The new chapter of Indonesian taxation after the issuance of the HPP Law will be explained directly by Dian Anggraeni, S.E., M.Si, a Tax Advisor of Medium Tax Office at the Directorate General of Taxes (DGT). Meanwhile, Supervisor of Tax Advisory MUC Consulting Cindy Miranti will be the moderator or the discussion guide.
Kompas.com readers can join the webinar via Zoom by registering via the following link (quota 500 people). The #BIJAK webinar can also be followed via live streaming on Youtube @mucconsulting and @Kompas.com. We provide e-certificate for participants who fill out the registration form and post-event feedback.
Since 2021, MUC has collaborated with Kompas.com to present the column "Tanya-tanya Pajak at Kompas.com". This column is a place for Kompas.com readers to ask questions and update information about tax policies and practices, as well as connect them with tax practitioners.
MUC and Kompas.com are committed to continuing and increasing cooperation, one of which is through organizing and joint publication of the #BIJAK seminar series in 2022.
Through #BIJAK and "Tanya-tanya Pajak at Kompas.com", the topic of taxation is expected to be a relevant issue to be discussed by all groups, not exclusively for certain groups.