Category Archives: Indonesian Income Tax
Indonesian Income Tax
Income tax in Indonesia is progressive and applied to both individual (s) and enterprises. A self-assessment method is used to calculate the tax.
The Tax Rate For Individual(s)
| Taxable annual income | Income Tax Rate |
| Up to Rp 50 million | 5% |
| Over Rp 50 million to Rp 250 million | 15% |
| Over Rp 250 million to Rp 500 million | 25% |
| Over Rp 500 million | 30% |
The Tax Rate For Corporate(s)
| Year | Income Tax Rate |
| 2009 | 28 % |
| 2010 and onwards | 25 % |
| Limited Company which 40% of their shares trade in stock exchange market | 5 % Lower than normal rate |
| Gross turnover up to Rp.50.000.000.000 | 50 % deduction from normal rate |