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Legal Alert | Indonesia Tax Amnesty: What’s in Store After a Successful Initial Period

31 October 2016

GENERAL OVERVIEW After early scepticism, Indonesia closed the first out of three tax amnesty periods with triumph by reaching Rp 4,500 trillion (± USD 360 billion) of assets declaration by 347,033 taxpayers and Rp 137 trillion (± USD 10 billion) of assets repatriation. Based on the outcome of this first period, Indonesia Tax Amnesty is […]

IP Alert | Indonesia | Circular Letter from the Directorate General of Intellectual Property (DGIP) on Annuity Payment System

24 October 2016

The DGIP issued a circular letter dated 30 September 2016 on the transition period of annuity payment system under Law No. 13 of 2016 regarding Patent (“New Patent Law”) which was enacted on 26 August 2016 (“Enactment Date”) Under the New Patent Law, patent annuity payments must be made at the outset of the protection […]