PSC Taxation Update

INTRODUCTION

The responsibilities for ensuring work is delivered as outlined in the contract are primarily strategic rather than operational and are influenced by corporate policies in areas such as procurement, quality assurance, and financial regulation. The expectation is that all its employees responsible for contract and contractor management know contractor selection, deployment, and monitoring against contract compliance.

The work carried out by the contractor may bring new or additional risks into the employer’s workplace and hence appropriate controls need to be implemented to ensure no harm or liabilities incur in the company site operations.

This workshop sets out the theory and best practices in developing strategies and defining management responsibilities and implementation procedures for the management of risk and performance from the use of contractors.

OBJECTIVES

• To appraise the status of the PSC's Tax Regime under Law # 22/2001 re Oil and Gas.
• To fully understand how to deal with the tax assessments.
• To make tax planning.
• To anticipate the implementation of tax reform.

WHO SHOULD ATTEND?

• Business people
• Senior Managers
• Manager
• Secretaries
• Anyone who uses technology in their daily work.

COURSE CONTENT

• General Overview
• Indonesian Tax System
• Income Tax and VAT
• Tax Subjects & Non-Tax Subjects
• Tax Objects & Non-Tax Objects
• Tax Compliances and Management
• Rights & Obligations of Tax Payers
• PSC's Tax Regime / Ring Fence / Uniformity Principle
• PSC taxation under the Law # 22/2001 and PP 79 /2010
• Current Update: Tax Treaty: Case Study at Tax Court point of view. ( S-604 and Equity Share )
• Current Update: Corporate  Tax Return for  Oil & Gas Company
• Current Update: Different philosophy of Monthly Report Income Tax art 21 as per Jan 2014
• Current Update : Calculation & Reporting of  2014 Land & Building Tax
• Current Update: VAT of Sharing Facilities, status quo..?
• Tax Audit and Tax Court Procedure
• Wrap up.