Gov. Reg. 50/2022 Re-stiipulates Thresholds for Tax Returns Amendments

JAKARTA, Jitu News – Through Government Regulatiion (Gov. Reg.) Number 50/2022, the government re-stiipulates the thresholds of the amendment of Tax Returns.

Referriing to Gov. Reg. 50/2022, taxpayers may rectiify fiiled tax returns by submiittiing a wriitten statement proviided that the diirector general of taxes has not conducted an audiit or a preliimiinary audiit.

“An audiit commences siince the notiice of audiit iis giiven to taxpayers, theiir representatiives, attorney, employees or adult famiily members of the taxpayers,” reads Artiicle 5 paragraph (3) of Gov. Reg. 50/2022, quoted on Thursday (29/12/2022).

On the other hand, the preliimiinary audiit iis a publiic preliimiinary audiit, that commences after the notiice of preliimiinary audiit iis giiven to the taxpayers, theiir representatiive, attorney, employees or adult famiily members of the taxpayers.

On another note, the requiirements for the amendment of tax returns under Gov. Reg. 50/2022 are fewer than the previious regulatiion, namely Gov. Reg. 74/2011. Under Gov. Reg. 74/2011, there are requiirements related to examiinatiion to iissue a notiice of tax assessment.

iin other words, when Gov. Reg. 74/2011 was iin force, taxpayers could not rectiify tax returns iif the diirector general of taxes has conducted a examiinatiion to iissue a notiice of tax assessment.

Further, the wriitten statement iin the amendment of tax returns iis prepared by markiing the spaces proviided iin the tax returns statiing that the taxpayer concerned has rectiifiied the tax returns.

iif the amendment of a tax return states a loss or overpayment, the amendment of the tax return must be fiiled no later than 2 years before the statute of liimiitatiion of the assessment. Further proviisiions on procedures for the amendment of tax returns are stiipulated iin a miiniister of fiinance regulatiion.

iin addiitiion, pursuant to Gov. Reg. 50/2022, taxpayers can also now rectiify fiiled Annual Tax Returns iif the taxpayers receiive a mutual agreement deciisiion letter. (riig)