1. Define the contracting state in which the taxing right prevails and the Indonesian tax...
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1. Define the contracting state in which the taxing right prevails and the Indonesian tax obligation (if any) for the followings (assume that 1 US$= IDR 14.500): a) Mr. Jono, an Indonesia resident, is an employee of a SingShip Co., a Singapore ship company which is operated in the international traffic. During his service aboard the ship in the year 2014, he receives total income of USD 36.000 b) In the Year 2019, Port of Singapore Authority provides loan to the government of Indonesia amounting to USD 300.000.000 with interest rate of 15% per year. In the Year 2010, Indonesia paid interest of USD 45.000.000 In providing the answers to the above, discuss the relevant articles in the related Tax Treaty and/or Indonesian Income Tax. 2. Sony corporation, a permanent establishment in Indonesia based in Tokyo in 2019, has a net income before tax of IDR 30,000,000,000. After the income statement is carried out, the fiscal reconciliation has a Net Income before tax of IDR 35,000,000,000. There is no account correction between Sony Corporation and its head office. Calculate the income tax payable!
1. Define the contracting state in which the taxing right prevails and the Indonesian tax obligation (if any) for the followings (assume that 1 US$= IDR 14.500):
a) Mr. Jono, an Indonesia resident, is an employee of a SingShip Co., a Singapore ship company which is operated in the international traffic. During his service aboard the ship in the year 2014, he receives total income of USD 36.000
b) In the Year 2019, Port of Singapore Authority provides loan to the government of Indonesia amounting to USD 300.000.000 with interest rate of 15% per year. In the Year 2010, Indonesia paid interest of USD 45.000.000
In providing the answers to the above, discuss the relevant articles in the related Tax Treaty and/or Indonesian Income Tax.
2. Sony corporation, a permanent establishment in Indonesia based in Tokyo in 2019, has a net income before tax of IDR 30,000,000,000. After the income statement is carried out, the fiscal reconciliation has a Net Income before tax of IDR 35,000,000,000. There is no account correction between Sony Corporation and its head office.
Calculate the income tax payable!
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