Indonesia Continues to Impose BMTP upon Imports of Flat-Rolled Iron Products or Non-Alloy Steel
In order to follow up the investigations and recommendations made by the Indonesian Trade Safeguard Committee, the Ministry of Finance has issued Regulation No. 130/PMK.010/2017 on the Imposition of Safeguard Import Duty upon Imports of Flat-Rolled Iron Products or Non-Alloy Steel.
Govt. Commits to Achieving Sustainable Development Goals
The government has issued Presidential Regulation No. 59 of 2017 on the Implementation of Sustainable Development Goals in a bid to meet the country’s commitment to the United Nations Sustainable Development Goals (SDG). Regulation 59/2017 sets out national targets for the 2017-2019 period through the National Medium-Term Development Plan (Rencana Pembangunan Jangka Menengah Nasional 2015-2019).
Technical Procedures for the Correction of Tax-Amnesty Approvals
The Director General of Tax has issued another tax-amnesty-related provision regarding the correction of tax-amnesty approvals through the issuance of Regulation No. PER-14/PJ/2017 on Procedures for the Correction of Tax-Amnesty Approvals
National Payment Gateway Further Regulated
Bank Indonesia’s Board of Governors has issued Regulation No. 19/10/PADG/2017 on the National Payment Gateway (“Governors’ Regulation 19/2017”), which serves as an implementation of Bank Indonesia Regulation No. 19/8/PBI/2017 on the National Payment Gateway
National Public Holidays and Joint Leave for 2018
The Ministry of Religious Affairs, Ministry of Manpower and Ministry of State Apparatus Empowerment and Bureaucratic Reform have issued Joint Decree No. 707, 256, 01/SKB/MENPAN-RB/09/2017 on National Public Holidays and Joint Leave for 2018.
Procedures for the Management and Governance of State-Owned Assets within the Upstream Oil-and-Gas Business Sector
In order to implement a more effective, efficient and integrated management of state-owned assets within the upstream oil-and-gas business sector, the Ministry of Energy and Mineral Resources has issued Regulation No. 51 of 2017 on the Management and Governance of State-Owned Assets for Upstream Oil-and-Gas Business Activities.
Further Income Tax Regulation in Relation to Tax Amnesty
In order to implement Articles 13 and 18 of Law No. 11 of 2016 on the Tax Amnesty the government has issued Regulation No. 36 of 2017 on the Imposition of Income Tax on Certain Incomes in the Form of Net Assets which Are Treated or Considered as Income.
MK Redefines the Phrase “Other Parties” and “Investigation” under Indonesian Antitrust Law
In the performance of its function as the primary forum for judicial reviews of laws in the context of the 1945 Indonesian Constitution, the Constitutional Court has rendered Decision No. 85/PUU-XIV/2016, which offers a new interpretation of certain articles originally set out under Law No. 5 of 1999 on the Prohibition of Monopolistic and Unfair Business Practices.
The Know-Your-Customer Principle for Notaries
The Ministry of Law and Human Rights has issued Regulation No. 9 of 2017 on the Implementation of the Know-Your-Customer Principle by Notaries, with the ultimate objective of preventing and eradicating all activity relating to money laundering and the funding of terrorism.
Govt. Regulates Land-Tenure Settlement Methods in Forestry Areas
The government has finally issued Presidential Regulation No. 88 of 2017 on Land-Tenure Settlements in Forestry Areas in response to the following Constitutional Court (MK) Decisions regarding judicial reviews of laws and regulations within the forestry sector: (1) MK Decision No. 34/PUU-IX/2011; (2) MK Decision No. 45/PUU-IX/2011; (3) MK Decision No. 35/PUU-X/2012; and (4) MK Decision No. 95/PUU-XII/2014