Implementation of PMK No. 72 Year 2023 and The Accounting Impact

5 December 2023 | Duration 120 Minutes

Many companies may benefit from the option to apply real useful life follow bookkeeping on permanent building depreciation or amortization of intangible assets with useful lives longer than 20 years. PMK No. 72 Year 2023 extends the deadline for taxpayers to notify the Director General of Taxes, previously set for the end of the 2022 fiscal year, to 30 April 2024. This extension pertains to options that were applied to assets used and owned before the 2022 fiscal year and that have been amortized or depreciated based on a 20-year useful life. Additional updates are available about insurance coverage, depreciation of repair costs, etc.

The 120 minutes webinar will cover the updated tax rule as well as the accounting treatment of it, including how the organization can assess the impact on its bookkeeping and take appropriate action.

Speakers:

Sylvia Anggraeni - Partner, Tax Practice

Dewi Novita Sari - Partner, Audit Practice

Time:

02.00 PM - 04.00 PM

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