Analysis of Implications Related to New Decision on the Procedure of Double Taxation Avoidance Agreement at PT FM International

DOI

10.2991/iconies-18.2019.30How to use a DOI?

Keywords

Double taxation, taxation law, income tax and a tax treat.

Abstract

This report discusses an analysis of the difference between the old and the new regulations in the Indonesian Taxation Law on the Procedures of Double Taxation Avoidance Agreement and the administrative implications arising from the enactment of the statute. The results show that PT FM International has fulfilled with its obligation to withhold income tax on the income earned by foreign companies that transact with PT FM International. The foreign companies providing services to PT FM International are from Singapore, Australia, India, and the United Kingdom. A company from Singapore (XYZ Pte. Ltd) can be eligible for the facilities in the tax treaty, but since they have forgotten updating the DGT-1 Form. They negligence creates an administrative impact that could affect PT FM International's cash flow.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Safira Meidiati
AU  - Dodik Siswantoro
PY  - 2019/10
DA  - 2019/10
TI  - Analysis of Implications Related to New Decision on the Procedure of Double Taxation Avoidance Agreement at PT FM International
BT  - Proceedings of the 2018 International Conference on Islamic Economics and Business (ICONIES 2018)
PB  - Atlantis Press
SP  - 154
EP  - 157
SN  - 2352-5428
UR  - https://doi.org/10.2991/iconies-18.2019.30
DO  - 10.2991/iconies-18.2019.30
ID  - Meidiati2019/10
ER  -