Deductions for an individual are Rp. 2,880,000, wife 2,880,000 and up to three children Rp. 1,440,000. Position Expense (Biaya Jabatan) is a deduction with a maximum 5% from gross income or a maximum of Rp 1,296,000. If your company pays for house rental, car, etc. then it could be considered your income, or not.
You do not need to file your individual annual tax returns if you do not live in Indonesia. Individual vs Corporate Tax Returns. Foreign and local companies will be subjected to the corporate income tax rate of 25% if they have a permanent establishment in the country. This means they must file a corporate tax return yearly. Individuals who are
For tax residents in Indonesia, personal income is taxed progressively based on net salary. Read on for a full breakdown of Indonesia’s personal income tax rates for 2023, as well as wider guidance on income tax eligibility and advice for international employees earning income in the region. Let’s begin with an overview of Indonesia’s If you stay or work in Singapore for 61 to 182 days in a calendar year, your income will be taxed at 15% or resident rates for individuals, whichever gives the higher tax. If you stay or work in Singapore for 183 days or more in a calendar year, your income will be taxed at resident rates for individuals. Box 2 income is taxed at a flat rate of 26.9%. Please note that the tax rate of box 2 will be adjusted by 2024, by introducing two new brackets: a basic rate of 24.5% for the first EUR 67,000 in income per person and a rate of 31% for the remainder. Box 3 income (deemed return on savings and investments) is taxed at a flat rate of 32%. . 316 47 451 55 463 4 99 427

indonesia personal income tax rate