In Indonesia, indirect taxes such as value-added tax and tobacco excise are relatively neutral and do not have much impact on inequality. Revenue from personal income tax is low in Indonesia, making up only 10 percent of tax revenues, or around 1.9 percent of GDP. An increase in compliance and a broader tax base would The new income tax rates from year 2023 onwards, as per the TRAIN law, are as follows. Taxable Income per Year. Income Tax Rate (Year 2023 onwards) P250,000 and below. 0%. Above P250,000 to P400,000. 15% of the excess over P250,000. Above P400,000 to P800,000. P22,500 + 20% of the excess over P400,000. Income Tax. Nonresidents are taxed at a flat rate of 20%. Double-taxation agreements between Indonesia and other countries may reduce this to 10%. Rental Income The rental income of non-residents is taxed at a final withholding rate of 20% of gross income, unless DTT (Double taxation treaty) states otherwise. Capital Gains Tax Personal income tax . Income tax is levied on both residents and non-residents in Indonesia. A tax resident is regarded as a person: usually residing in Indonesia; is present in Indonesia for more than 183 days in any 12-month period; or is present in Indonesia during a fiscal year and intends to reside in Indonesia.
Tax Rate; Rental of land and/or buildings 10%: Interest on time or saving deposits and Bank Indonesia Certificates (SBI) other than that payable to banks operating in Indonesia and Government approved pension funds 20%: Interest on bonds other than that payable to banks operating in Indonesia and Government-approved pension funds 15%
Normally, the owner is responsible for paying the tax due. Tax is currently imposed at 20 percent or 40 percent of the full statutory rate, which is 0.5 percent of the sales value of the tax object. Thus, the actual tax rate is 0.1 percent or 0.2 percent. pzMK4Y.
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    • indonesia personal income tax rate