Regulation Of The Minister Of Finance Number 112/fmd. 011/2013 2013

Original Language Title: Peraturan Menteri Keuangan Nomor 112/PMK.011/2013 Tahun 2013

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c513926b9d0b1fa313233343036.html

BN 1004-2013 fnHeader (); The text is not in the original format.
Back NEWS REPUBLIC of INDONESIA No. 1004, 2013 the MINISTRY of finance. PPH Is Borne By The Government. State Securities. The International Market. FY 2013.
REGULATION of the MINISTER of FINANCE of the REPUBLIC of INDONESIA NUMBER 112/FMD. 011/2013 of INCOME TAX PAID on INTEREST or GOVERNMENT in EXCHANGE for the STATE SECURITIES ISSUED in the INTERNATIONAL MARKET and EARNINGS OVER the THIRD-PARTY SERVICES PROVIDED to the GOVERNMENT in the PUBLISHING and/or PURCHASE of SECURITIES EXCHANGE/RETURN COUNTRIES in INTERNATIONAL MARKETS the FISCAL YEAR 2013 with the GRACE of GOD ALMIGHTY the MINISTER of FINANCE of REPUBLIC of INDONESIA , Considering: a. that it is based on the provisions as set forth in Act No. 19 in 2012 about the budget of the State Expenditures and revenues of the fiscal year 2013 as amended by law number 15 Year 2013, has launched the budget for subsidies available income tax incurred by the Government on interest or reward the State securities issued in the international market and earnings over the third-party services provided to the Government in the publishing and/or purchase of Securities Exchange/return countries in international markets;
b. that based on considerations as referred to in subparagraph a, and in order to implement the provisions of article 8 paragraph (9) of the Act number 19 in 2012 about the budget of the State Expenditures and revenues of the fiscal year 2013 as amended by law number 15 Year 2013, need to establish the regulation of the Minister of finance about the income tax Paid on interest or Government in Exchange for the State Securities issued in the international market and earnings over the third-party Services provided to the Government in the issuance and/or Purchase Return/Exchange The State securities in the international market of budget Year 2013;
Remember: 1. Act No. 24 of 2002 about the State (State Gazette of the Republic of Indonesia Number 110 in 2002, an additional Sheet of the Republic of Indonesia Number 4236);
2. Act No. 17 of 2003 about State Finances (State Gazette of the Republic of Indonesia Number 47 in 2003, an additional Sheet of the Republic of Indonesia Number 4286);
3. Act No. 19 of 2008 concerning Shariah-compliant Securities State (State Gazette of the Republic of Indonesia number 70 in 2008, an additional Sheet of the Republic of Indonesia Number 4852);
4. Law number 19 in 2012 about the budget of the State Expenditures and revenues of the fiscal year 2013 (State Gazette of the Republic of Indonesia in 2012 the number 228, an additional Sheet of the Republic of Indonesia Number 5361) as amended by law number 15 Year 2013 (Gazette of the Republic of Indonesia Number 108 by 2013, an additional Sheet of the Republic of Indonesia Number 5426);
5. Regulation of the Minister of finance Number 228/FMD. 05/2010 about the mechanisms of Implementation and accountability over the Tax borne by the Government as amended by regulation of the Minister of finance Number 237/FMD. 05/2011;
6. Regulation of the Minister of finance Number 236/FMD. 08/2012 about Repurchase the country's debt In foreign currency in the international market;
Decide: define: REGULATION of the MINISTER of FINANCE ABOUT the INCOME TAX PAID on INTEREST or GOVERNMENT in EXCHANGE for the STATE SECURITIES ISSUED in the INTERNATIONAL MARKET and EARNINGS OVER the THIRD-PARTY SERVICES PROVIDED to the GOVERNMENT in the PUBLISHING and/or PURCHASE of SECURITIES EXCHANGE/RETURN COUNTRIES in INTERNATIONAL MARKETS the FISCAL YEAR 2013.
Article 1 (1) the income tax payable on the income in the form of flowers or reward the State securities issued in the international market are borne by the Government.
(2) the income tax payable on the income of third parties to the service given to the Government in the publishing and/or purchase of Securities Exchange/return countries in international markets was borne by the Government.
(3) Issuance in the international market as referred to in paragraph (1) and paragraph (2) is an activity of supply and sale of State securities in foreign currency outside of Indonesia.
(4) repurchase/onsite state securities in the international market as referred to in paragraph (2) is the repurchase activities/exchange of State securities in foreign currency in the international market by the Government prior to maturity by means of cash (the cash buyback) and/or by means of Exchange (the exchange offer).
(5) the State securities as referred to in paragraph (1) and paragraph (2) composed of: a. bond, namely securities in the form of a letter of acknowledgment of debt in foreign currency guaranteed interest payments and anyway by the State of the Republic of Indonesia, in accordance with the validity period, in accordance with Act No. 24 of 2002 about the State; and b. the sharia state securities or sukuk State, i.e. the State securities issued based on sharia principles, as evidence against the inclusion of part of assets of Islamic countries, securities in foreign currency, in accordance with Act No. 19 of 2008 concerning Shariah State Securities.
(6) Income in the form of flowers or reward the country's securities as referred to in subsection (1) includes securities of discount country published in international markets.
(7) a third party referred to in subsection (2) is the third parties who provide services to the Government in the framework of the publication and/or purchase of back/exchange of State securities in the international market, among others, buyers agent, sellers agent/Exchange, the stock exchange fiscal agents, foreign agents, payer, consultant, and rating agencies are international law, does not include a local legal consultant.
(8) the income obtained from third parties as referred to in paragraph (2) in the form of a fee for such third party and payment for the costs incurred in the implementation of the publication and/or purchase of Securities Exchange/return countries in international markets.
Article 2 (1) of the income tax as stipulated in article 1 paragraph (1) and paragraph (2) is a shopping subsidy income tax borne by the Government as stipulated in the regulation of the Minister of finance regarding the mechanisms of implementation and accountability over the tax borne by the Government.
(2) Subsidy income tax borne by the Government as referred to in paragraph (1) provided budget launched as set forth in Act No. 19 in 2012 about the budget of the State Expenditures and revenues of the fiscal year 2013 and changes.
Article 3 (1) the Minister of finance as Treasurer General of the country as part of the Budget Users Public Treasurer State Budget sets Tax in particular the Director-General the Director of the potential compliance and Acceptance as a power user's budget to carry out the payment of income tax subsidies paid by the Government.
(2) the Director General of Taxation Director-in particular the Potential compliance and Acceptance as a power user Budget told Officials and dignitaries Signers Commitment Maker Warrant paying the appropriate task each to: a. create a Mail request for payment upon the realization of income tax subsidy expenditures borne by the Government;

b. make a warrant to pay; and c. delivered a Warrant to pay to the State Treasury Ministry Office, Directorate General of the Treasury of the country, to get a warrant for Disbursement as the implementation of the expenditure Budget of the State Expenditures and Income for income tax subsidies paid by the Government.
Article 4 Reporting and accountability the Government incurred income tax on interest or reward the State securities issued in the international market and earnings over the third-party services provided to the Government in the publishing and/or purchase of Securities Exchange/return countries in international markets the fiscal year 2013 implemented by the Directorate General of Tax Headquarters in particular the Director of Potential compliance and Acceptance as the Accounting Unit is a power user's budget over spending tax subsidies borne by Government regulation of the Minister of finance regarding appropriate mechanisms of implementation and accountability over the tax borne by the Government.

Article 5 this Ministerial Regulation went into effect on January 1, 2013 until 31 December 2013.

In order to make everyone aware of it, ordered the enactment of this Ministerial Regulation with its placement in the news of the Republic of Indonesia.

Established in Jakarta on August 1, 2013, FINANCE MINISTER of the REPUBLIC of INDONESIA, MUHAMAD CHATIB BASRI Enacted in Jakarta on August 6, 1995 the MINISTER of LAW and HUMAN RIGHTS REPUBLIC of INDONESIA, AMIR SYAMSUDDIN fnFooter ();