Post Test - Taxation in Indonesia

Which of the following is not the collection system adopted in Indonesia?

• Official Assessment

• Non-Official Assessment

• Self-assessment

• Withholding Tax

Which statement is correct:

• LAW No 7 year 2021 allows deductions of benefit in kind

• LAW No 7 year 2021 does not allow any deductions of benefit in kind

• LAW No 36 year 2008 allows deductions of benefit in kind

• None of the statements above is correct

Who is allowed to use Deemed Profit Method?

• Individual taxpayers who choose to do bookkeeping

• Individual taxpayers who are allowed not to maintain bookkeeping

• Corporate taxpayers entitled to pay lower taxes

• Individual taxpayers whose bookkeeping is mandatory

What is the treatment of benefit in kind before and after UU HPP for the recipient?

• Non taxable and deductible

• Non deductible and taxable

• Non taxable and taxable

• Deductible and taxable

What methods are used in calculating taxable income for resident taxpayer?

• Regular Method and Special Method

• Regular Method and Deemed Profit

• Special Method and Deemed Profit

• None of the above

Which of the following rule regulates the rate of deemed profit:

• Directorate General Regulation number 17/PJ/2015

• Minister of Finance Regulation number 17/PMK.03/2015

• Directorate General Regulation number 15/PJ/2017

• Minister of Finance Regulation number 15/PMK.03/2017

Corporate Tax Income Rate for taxable year of 2022 is:

• 28%

• 25%

• 22%

• 20%

Depreciation expense under the Straight Line Method is calculated:

• in equal amounts over its useful life

• in decreasing amounts by applying the appropriate depreciation rate to its book value

• by applying rate equivalent to the production ratio in the relevant year to the estimated total reserves in that location

• in equal amounts every year in its useful life

Resident Taxpayers who are allowed to deduct personal exemptions in calculating taxable income is:

• Corporate Taxpayers

• Individual Taxpayers

• Permanent establishment

• Undivided inheritance as a unit in lieu of the beneficiaries

The amount of Personal Exemptions for taxable year of 2022 is:

• IDR 15.840.000 for an individual Taxpayer

• IDR 24.300.000 for an Individual Taxpayer

• IDR 36.000.000 for an Individual Taxpayer

• IDR 54.000.000 for an Individual Taxpayer.