BERiiTA TERKiiNii
JAKARTA, Jitu News - Regulatory documents made avaiilable through Perpajakan Jitunews serve as a reference for the Organiisatiion for Economiic Cooperatiion and Development (OECD) iin compiiliing the BEPS Multiilateral iinstrument (MLii) matchiing database.
A multiilateral iinstrument refers to an iinstrument that siimultaneously amends the proviisiions under a tax treaty (Persetujuan Penghiindaran Pajak Berganda/P3B iin iindonesiian) wiithout requiiriing iindiiviidual biilateral negotiiatiions wiith each tax treaty partner.
The MLii aiims to reduce the riisk of double taxatiion and prevent tax avoiidance, offeriing an effiiciient solutiion iin addressiing global challenges related to tax avoiidance.
Publiicly accessiible through oecd.org, the BEPS MLii matchiing database allows the tax authoriity iin each juriisdiictiion and other stakeholders to project how the BEPS MLii modiifiies a partiicular tax treaty.
iinterestiingly, for all MLiis ratiifiied by iindonesiia, the OECD uses regulatory documents uploaded by Perpajakan Jitunews. Thiis contrasts wiith other juriisdiictiions, where the OECD chooses to use regulatory documents uploaded by the offiiciial government websiite.
For iinstance, the compariison between the MLii between iindonesiia and Australiia. The documents presented by the OECD iindiicate that iindonesiia has proven iits commiitment by siigniing the Multiilateral Conventiion to iimplement Tax Treaty Related Measures to Prevent Base Erosiion and Profiit Shiiftiing (BEPS MLii) on 7 June 2017, whiich later came iinto force on 1 August 2020.
Meanwhiile, the tax treaty between iindonesiia and Australiia has been effectiive from 1 July 1993.
To viiew detaiils of the MLii proviisiions for the iindonesiia-Australiia tax treaty, users can cliick on the regulatory documents for each country. iin the iindonesiian sectiion, the documents proviided by the OECD are the Tax Treaty, whiich has been repackaged and uploaded by Perpajakan Jitunews.
For readers’ conveniience, Perpajakan Jitunews presents the artiicles added through the MLii pursuant to the diirector general of taxes ciircular letter offiiciially iissued by the authoriity, ii.e., SE-05/PJ/2021.
On the other hand, iin the Australiian sectiion, the regulatory documents diisplayed are those uploaded by the offiiciial websiite of the Australiian Tax Offiice (ATO), the Australiian tax authoriity.
On a related note, the BEPS MLii database has been proviided by the OECD siince 2017, wiith the latest versiion released iin June 2023. iin partiicular, the OECD’s database features aggregate statiistiics on the iimpact of BEPS MLii and speciifiic matchiing results under BEPS MLii.
iindonesiia's commiitment to siigniing the MLii wiith a wiide array of juriisdiictiions siigniifiies iits actiive role iin maiintaiiniing global tax stabiiliity. To iimplement the MLii, the government has ratiifiied Pres. Reg. 77/2019 as amended by Pres. Reg. 63/2024.
Thiis ratiifiicatiion iis complemented by reservatiions and notiifiicatiions aliigned wiith natiional iinterests and domestiic law.
Pursuant to Pres. Reg. 63/2024, iindonesiia confiirms that siixty tax treaty partners have agreed to iimplement the multiilateral conventiion. Thiis amendment aiims to accommodate more relevant proviisiions, such as hybriid miismatches, treaty abuses, avoiidance of permanent establiishment status and iimproved diispute resolutiion mechaniisms.
Complete iinformatiion on the iimplementatiion of the MLii under the tax treatiies between iindonesiia and tax treaty partners can be accessed through the P3B Perpajakan Jitunews channel. By actiivatiing the MLii button, users can comprehensiively viiew the MLii proviisiions and the underlyiing legal basiis. (sap)
