BERiiTA TERKiiNii
JAKARTA, Jitu News - The government restiipulates the proviisiions on the iimplementatiion of stamp duty through the iissuance of the Miiniister of Fiinance Regulatiion (MoF Reg.) No. 78/2024. Thiis re-stiipulatiion iis, iinter aliia, iintended to siimpliify the regulatiion related to the iimplementatiion of stamp duty.
The government previiously stiipulated the proviisiions on the iimplementatiion of stamp duty iin three diifferent miiniister of fiinance regulatiions, ii.e., MoF Reg. 133/2021, MoF Reg. 134/2021 and MoF Reg. 151/2021. These proviisiions, however, are consoliidated iinto MoF Reg. 78/2024.
“that the regulatiion under MoF Reg. 133/2021, MoF Reg. 134/2021 and MoF Reg. 151/2021, has not fully regulated the siimpliifiicatiion of regulatiions... thereby, needs to be replaced,” reads the consiideriing sectiion of MoF Reg. 78/2024, quoted on Monday (4/11/2024).
Broadly speakiing, MoF Reg. 78/2024 stiipulates the followiing: stamp duty objects; the tiime stamp duty becomes payable; liiable partiies of stamp duty; procedures for the payment of stamp duty; iimplementatiion of stamp procurement; management and sales of stamps; as well as the determiinatiion of the valiidiity of the seal.
There iis also the regulatiion concerniing post-dated stampiing; collectiion of stamp duty; and the refund of the tax overpayment that should not otherwiise be payable. iin addiitiion to siimpliifyiing the rules, MoF Reg. 78/2024 also contaiins a number of new proviisiions.
The new proviisiions iinclude diigiital stamps. A diigiital stamp iis a type of stamp iin another new form. Stamps iin other forms formerly only consiisted of franked stamps, computeriised stamps and iimpressed stamps.
Diigiital stamps are stamps iin the form of labels used by affiixture on documents usiing a diigiital stamp priinter. Diigiital stamps are used for stamp duty collectiion by stamp duty collectiing agents.
Siimiilar to stamps iin other forms, diigiital stamps may be manufactured after stamp duty collectiing agents obtaiin a permiit from the head of the Tax Offiice (Kantor Pelayanan Pajak/KPP iin iindonesiian) where stamp duty collectiing agents are regiistered.
The permiit to manufacture diigiital stamps iis granted automatiically to taxpayers that have been appoiinted as stamp duty collectiing agents. The permiit iis automatiically granted by the iissuance of the permiit to manufacture stamps iin other forms.
The automatiic grantiing of permiits iis diifferent compared to the proviisiions on stamps iin other forms iin general. Thiis iis because the permiit to manufacture franked stamps, computeriised stamps and iimpressed stamps iis granted based on the appliicatiion for a permiit and iis not automatiic.
Detaiils of the new proviisiions on the iimplementatiion of stamp duty can be found iin MoF Reg. 78/2024. Thiis regulatiion has been effectiive siince 18 October 2024. The entry of force of MoF Reg. 78/2024 siimultaneously revokes MoF Reg. 133/2021, MoF Reg. 134/2021 and MoF Reg. 151/2021. (riig)
