Jakarta, CNBC Indonesia - Business circles have voiced their opinions\nregarding Finance Minister Purbaya Yudhi Sadewa\u2019s plan to amend tax\nrefund provisions.<\/p>\n
Chairman of the Indonesian Employers\u2019 Association (APINDO) Tax\nCommittee, Siddhi Widyapratama, stated that business groups are still\nmonitoring the plan to change the refund scheme through the issuance of\na draft ministerial regulation on finance (RPMK).<\/p>\n
He said that until now, business circles are awaiting two-way\ndiscussions between the government and stakeholders in preparing the\nlatest policy, which revises PMK 39\/2018 as amended by PMK 119\/2024.<\/p>\n
\u201cAs a strategic partner in economic development, we view constructive\ndiscussions with the government as important to ensure this policy\naligns with the business environment and a conducive investment\nclimate,\u201d Siddhi told CNBC Indonesia on Wednesday (15\/4\/2026).<\/p>\n
Siddhi said that business parties have not yet received the new\nrefund scheme offered by the government. He has only heard of a policy\nfor refunds to be applied selectively.<\/p>\n
\u201cWe are still awaiting the latest developments, although there is\nthinking about implementing the policy selectively,\u201d he emphasised.<\/p>\n
Meanwhile, Chairman of the Indonesian Palm Oil House, Kacuk Sumarto,\nalso admitted that he has not received information on the new scheme to\nbe implemented by the government regarding tax refunds. However, he\nstressed that the new policy should not temporarily halt tax refunds, as\nthey are the rights of taxpayers.<\/p>\n
\u201cRefunds are the rights of taxpayers; if the amount has been\napproved, it should be disbursed immediately, and the approval process\nshould also be accelerated,\u201d Kacuk asserted.<\/p>\n
Kacuk emphasised that if the refund policy is disrupted, the effect\nwill impact the operational cash flow of companies. Ultimately, it could\ndisrupt domestic industry activities, potentially pressuring economic\ngrowth.<\/p>\n
\u201cOf course, if it is tightened to the point of becoming slow, it will\naffect cash flow. This depends on how taxpayers manage their cash flow.\nThe principle is that refunds are the rights of taxpayers; there\u2019s no\nneed to make it difficult,\u201d he said.<\/p>\n
\u201cIf the state has no money, then find other funding sources and don\u2019t\nhinder or complicate taxpayers. Or reduce non-priority expenditures, and\ndon\u2019t make everything a priority and urgent,\u201d Kacuk stated.<\/p>\n
A similar view was expressed by Executive Director of the Indonesian\nMining Association (API-IMA), Sari Esayanti. She even stressed that the\ngovernment should reconsider the discourse on halting tax refunds, which\ncould have a significant impact on business stability and the continuity\nof company operations in the mining sector.<\/p>\n
She also emphasised that tax refunds are the rights of every taxpayer\nfor excess tax payments already deposited with the state, and they are\nimportant in supporting cash flow as well as reflecting good governance\nby the government.<\/p>\n
\u201cWe think the current system is already good, where companies fulfil\ntheir obligations and can get back their rights if the payment made\nturns out to be excess, or conversely must pay if there is an\nunderpayment,\u201d Sari said.<\/p>\n
As previously known, the stricter policy on refunds of overpaid taxes\nfor businesses is planned to be implemented on 1 May 2026. This plan was\nrevealed in the Draft Ministerial Regulation on Finance already\nsubmitted to the Ministry of Law and Human Rights.<\/p>\n
\u201cAs part of regulatory renewal, this RPMK will revoke and replace\nseveral previous regulations related to preliminary refunds of overpaid\ntaxes, and is planned to take effect on 1 May 2026,\u201d quoting the website\nof the Directorate General of Legal Regulations of the Ministry of Law\nand Human Rights on Tuesday (14\/4\/2026).<\/p>\n
The Directorate General of Legal Regulations (DJPP) held a\nHarmonisation, Rounding, and Concept Finalisation Meeting for the Draft\nMinisterial Regulation on Finance regarding Procedures for Preliminary\nRefunds of Overpaid Taxes on Friday to Saturday (10-11 April 2026)\nvirtually.<\/p>\n
\u201cThis meeting is a follow-up to previous harmonisation activities\nconducted on 6 April 2026, to perfect the substance and ensure the\nalignment of the RPMK\u2019s content with legal provisions.\u201d<\/p>\n
The activity was attended by representatives from the Coordinating\nMinistry for Economic Affairs, Ministry of Finance, State Secretariat\nMinistry, and officials from the Ministry of Law, particularly the\nDirectorate General of Legal Regulations.<\/p>\n
One of the main points is the mechanism for examining taxpayer\napplications, which serves as the basis for the Director General of\nTaxes in determining whether a preliminary refund can be granted or\nnot.<\/p>\n
In addition, it regulates that if the examination results show\nfulfilment of formal requirements and there is an overpayment of tax,\nthe Director General of Taxes may issue a Decision Letter for\nPreliminary Refund of Overpaid Tax. Conversely, if the requirements are\nnot met or there are certain conditions such as tax audits or law\nenforcement processes, the application may be rejected.<\/p>\n
This draft regulation also includes provisions on the timeframe for\nsettling applications, namely a maximum of 3 (three) months for Income\nTax and 1 (one) month for Value Added Tax since the application is\nreceived.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/purbaya-seeks-to-amend-tax-refund-regulations-mining-and-cpo-bosses-speak-out-1776232256", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }