Investor Presentaiton slide image

Investor Presentaiton

4. VOLUNTARY DISCLOSURE PROGRAM (Illustration) POLICY I • Mr. A participated in the 2015 Tax Amnesty program. However, he did not disclose a house with a value as of 31 December 2015 of Rp2 billion. Therefore, Mr. A participated in the Voluntary Disclosure Program to avoid sanctions under the Tax Amnesty Law. Mr. A intends to only declare the domestic assets without investing in SBN/downstream/renewable energy, so Mr. A pays Final Income Tax at a rate of 8% of Rp160 million (8% x Rp2 billion) POLICY II . . Mr. B owns 2 houses and a bank account in Indonesia, obtained from 2016 to 2020. The 2 houses have been reported in the 2020 Annual tax return, worth Rp3 billion, but a bank account worth Rp1 billion has not been reported in the 2020 Annual SPT. Mr. B will participate in the Voluntary Disclosure Program and intends to invest his money in SBN, so Mr. B pays Final Income Tax at a rate of 12% of Rp120 million (12% x Rp1 billion). 73
View entire presentation