Regulation Of The Minister Of Finance Number 111/fmd./2010 2010

Original Language Title: Peraturan Menteri Keuangan Nomor 111/PMK. /2010 Tahun 2010

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c5138ffa240919d313233343036.html

BN 278-2010 REPUBLIC INDONESIA No. 278, 2010 MINISTRY of FINANCE. The Income Tax. Dividend. A Private Person. REGULATION of the MINISTER of FINANCE of the REPUBLIC of INDONESIA NUMBER 111/FMD. 03/2010 REGARDING the PROCEDURES for WITHHOLDING, REMITTANCE, and reporting of INCOME TAX OVER the DIVIDEND RECEIVED or OBTAINED TAX PAYERS of PRIVATE PERSONS in the COUNTRY by the GRACE of GOD ALMIGHTY the MINISTER of FINANCE of the REPUBLIC of INDONESIA, Considering: that in order to implement the provisions of article 3 the Government Regulation number 19 in 2009 about the upper income tax Dividends received or Obtained tax payers Private Persons within the country need to set Rules, Finance Minister about The cutting, Remittance, and reporting of income tax over the Dividend received or Obtained tax payers of private Persons In the country; Remember: 1. Law number 6 Year 1983 on general provisions and Taxation Procedures (State Gazette of the Republic of Indonesia Number 49 in 1983, an additional Sheet of the Republic of Indonesia Number 3262) as it has several times changed with Act No. 4 of 2009 (State Gazette of the Republic of Indonesia year 2009 Number 62, www.djpp.depkumham.go.id 2010, no. 278 2 Additional sheets of the Republic of Indonesia Number 4999); 2. Act No. 7 Year 1983 regarding income tax (State Gazette of the Republic of Indonesia Number 50 in 1983, an additional Sheet of the Republic of Indonesia Number 3263) as it has several times changed with Act No. 36 of 2008 (State Gazette of the Republic of Indonesia Year 2008 Number 133, additional sheets of the Republic of Indonesia Number 4893); 3. Government Regulation number 19 in 2009 about the upper income tax Dividends received or Obtained tax payers Private Persons within the country (State Gazette of the Republic of Indonesia year 2009 Number 36, additional sheets of the Republic of Indonesia Number 4985); 4. Presidential Decree Number 56/P in 2010; Decide: Define: REGULATION Of The MINISTER Of FINANCE REGARDING The PROCEDURES For WITHHOLDING, REMITTANCE, And Reporting Of INCOME TAX OVER The DIVIDEND RECEIVED Or OBTAINED TAX PAYERS PRIVATE PERSON Within The Country. Article 1 (1) of the income in the form of dividends received or obtained tax payers private persons within the country is income tax of 10% (ten per cent) of the gross amount and is final. (2) the dividend referred to in subsection (1) is the dividend, by name and in any form, including dividends from insurance companies to policyholders, and the partition of the rest of the business results of the cooperative. Article 2 (1) the imposition of income tax which is final as stipulated in article 1 paragraph (1) is done through cuts by paying or other party appointed as a payer of dividends. www.djpp.depkumham.go.id 2010, no. 278 3 (2) the Deduction referred to in subsection (1) is done at the time of the dividend referred to in article 1 paragraph (1) provided for is paid. Article 3 the parties pay or other party appointed as a dividend payers required to provide proof of income tax cuts the Final article 4 paragraph (2) to the Taxpayer of private persons in the country who cut income tax each doing the cutting. Article 4 (1) the parties to the paid or other party appointed as a dividend payer mandatory deposit of income tax as stipulated in article 1 paragraph (1) to the State Treasury through the post office or bank's designated Finance Minister, with the remittance due date the longest on 10 (ten) months next after the Tax expired. (2) in terms of the remittance due date referred to in subsection (1) to coincide with the holidays include Saturdays or public holidays, the remittance can be made on the next working day. (3) the remittance income tax referred to in subsection (1) is carried out using a tax Deposit Letter. Article 5 (1) parties who pay or other party appointed as a mandatory dividend-payers submit a report about the cuts and the remittance of income tax as referred to in article 2 and article 4 the longest 20 (twenty) days after the Tax expired. (2) in the event that the deadline for the submission of the report referred to in subsection (1) to coincide with the holidays include Saturdays or public holidays, reporting can be done on the next working day. (3) submission of income tax report as referred to in subsection (1) is done by using the notice period of Final income tax article 4 paragraph (2). Article 6 of the regulation the Finance Ministers began in force on the date of promulgation. www.djpp.depkumham.go.id 2010, no. 278 4 so that everyone knows it, ordered the enactment of these Regulations the Minister of finance with its placement in the news of the Republic of Indonesia. Established in Jakarta on June 14, 2010 MINISTER of FINANCE of the REPUBLIC of INDONESIA, AGUS MARTOWARDOJO D.W. Enacted in Jakarta on June 14, 2010 MINISTER of LAW and HUMAN RIGHTS Republic of INDONESIA, PATRIALIS AKBAR www.djpp.depkumham.go.id