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New Regulation No. 240/PMK.03/2014

Tax Alert:January 2015/Indonesia

The Indonesian Ministry of Finance issued a new regulation No.240/PMK.03/2014 (PMK-240) on 22 December 2014, which provides new updates to the existing regulations in relation to the implementation of the Mutual Agreement Procedure (MAP). The new regulation is effective from 22 December 2014. The new regulation is also applicable to any on-going request of MAP which was submitted prior to the issuance of this regulation but not yet concluded. (Tax Alert:January 2015/Indonesia)

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The Indonesian Ministry of Finance issued a new regulation No.240/PMK.03/2014 (PMK-240) on 22 December 2014, which provides new updates to the existing regulations in relation to the implementation of the Mutual Agreement Procedure (MAP). The new regulation is effective from 22 December 2014. The new regulation is also applicable to any on-going request of MAP which was submitted prior to the issuance of this regulation but not yet concluded.
The salient updates that require attention are provided below;

(1) Deadline for submission of MAP
(2) Continuance of domestic dispute resolution
(3) Who can file a request for an MAP?
(4) MAP filed by Indonesian taxpayer through the DGT
(5) MAP filed by the DGT
(6) MAP filed by the tax authority of a treaty partner country
(7) Process of MAP
(8) Rejection or termination of MAP implementation
(9) Draft Mutual Agreement
(10) Confidentiality

 

>> Click for Japanese [相互協議(MAP)に関する新規定240/PMK.03/2014]

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