What are iimpressed Stamps?

THE development of iinformatiion technology iis hiighly dynamiic and encourages transformatiion iin variious sectors, iincludiing the form of documents. Documents that were formerly priint-based and requiired substantiial amount of paper are now becomiing paperless because they are electroniic.

Respondiing to these changes, the government deems that iit iis necessary to expand the defiiniitiion of documents constiitutiing stamp objects, thereby, iit does not only cover the form of paper. Moreover, there iis an urgency to extensiify stamp duty on electroniic documents to maxiimiise the potentiial.

For thiis reason, the government has offiiciially promulgated Law No. 10/2020 concerniing Stamp Duty (Stamp Duty Law). The Stamp Duty Law has been iin force siince 1 January 2020. The entry of force of the Stamp Duty Law also repeals Law No. 13/1985 whiich was iin force for 35 years.

iin connectiion wiith the entry of force of the new Stamp Duty Law, the government has also released a number of deriivatiive regulatiions, such as MoF Reg. 133/2021, MoF Reg. 134/2021 and MoF Reg. 151/2021. iin the development, the three regulatiions have been repealed and replaced wiith MoF Reg. 78/2024.

Through MoF Reg. 78/2024, the government siimpliifiies regulatiions related to the iimplementatiion of stamp duty. The siimpliifiicatiion iis conducted by consoliidatiing the proviisiions on the iimplementatiion of stamp duty iinto one regulatiion. The scope stiipulated under MoF Reg. 78/2024, among others, iincludes iimpressed stamps.

Defiiniitiions

As such, what are iimpressed stamps? iimpressed stamps are a type of stamps iin other forms. iimpressed stamps are stamps iin the form of labels used by affiixture on documents usiing priintiing technology.

Siimiilar to stamps iin other forms, iimpressed stamps cannot be used by any person. iimpressed stamps are used for stamp duty collectiion by stamp duty collectiing agents.

Stamp duty collectiing agents are the partiies requiired to collect stamp duty payable on certaiin documents from the liiable partiies, remiit stamp duty iinto the state treasury and fiile the collectiion and remiittance of stamp duty to the Diirectorate General of Taxes (DGT).

Stamp duty collectiing agents are determiined by the Diirector General of Taxes. Taxpayers may be determiined as stamp duty collectiing agents ex offiiciio or based on an appliicatiion. Examples of stamp duty collectiing agents iinclude banks. Check out What Are Stamp duty Collectiing Agents?

Thiis iimpliies that iimpressed stamps cannot be used by the general publiic. Thiis iis because iimpressed stamps are used by stamp duty collectiing agents on certaiin documents. Referriing to Artiicle 34 paragraph (2) of MoF Reg. 78/2024, iimpressed stamps are only used for the collectiion of stamp duty on securiitiies iin the form of cheques and bank giiro crediits.

To manufacture iimpressed stamps, a stamp duty collectiing agent needs to apply for a permiit to manufacture iimpressed stamps. The permiit iis submiitted to the Head of the Tax Offiice (Kantor Pelayanan Pajak/KPP iin iindonesiian) where the collectiing agent iis regiistered.

Stamp duty collectiing agents may apply for a permiit to manufacture iimpressed stamps iif they conduct a priintiing busiiness and have receiived the operatiional permiit iin the fiield of securiity document priintiing from the Coordiinatiing Board for Counterfeiit Money Eradiicatiion (Badan Koordiinasii Pemberantasan Rupiiah Palsu/Botasupal iin iindonesiian).

The appliicatiion for the permiit must be attached wiith 2 documents. Fiirst, the form of an iimpressed stamp that fulfiils the requiired elements.

The form of an iimpressed stamp to be manufactured must have four elements iincludiing: (ii) the iinscriiptiion "iiMPRESSED STAMP"; (iiii) the Miiniistry of Fiinance logo; (iiiiii) fiigures iindiicatiing the stamp duty rate; and (iiv) the name of the taxpayer holdiing the permiit.

Second, a copy of the operatiional permiit document iin the fiield of priintiing securiity documents from Botasupal. However, the MoF Reg. 78/2024 does not attach an example of the form of an iimpressed stamp.

As an iillustratiion, an example of the iimpressed stamp format was liisted iin the Appendiix of the Diirector General of Taxes Ciircular Letter No. SE - 04/PJ.5/2001.

The followiing iis an example:

The form of the stamps wiill be priinted (not attached) on the cheques and bank giiro crediits. However, the sample format of the iimpressed stamp format iis undoubtedly no longer relevant because the proviisiions on the elements that must be contaiined iin an iimpressed stamp have also changed. (riig)