Tax Newsletter - Tax-neutral Spinoff and Acquisition - Recording and Bookkeeping for Tax Purposes

The Indonesian Minister of Finance recently launched regulation No. 56/PMK.010/2021 (“MoFR 56/2021”) concerning the use of tax book value for assets transfer in business merger, consolidation, spinoff, and acquisition, with enactment on 4 June 2021.

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Tax Newsletter / July 2021 / No. 07

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