Tax deduction for paying alms

Tax deduction for paying alms

BANDA ACEH, Aceh: A 1999 Indonesian law on setting off
religious alms against income tax -- specifically in the case of
individual taxpayers -- comes into effect in Nanggroe Aceh
Darussalam province this June.

An official of the Aceh provincial agency for religious alms
(Bazis), T. Chairul Anwar, said on Monday that Bazis had already
sent out about 3,000 blank deposit receipts to several government
and private institutions in Aceh.

"Once filled in, the receipts can be used as evidence of
payment for setting off against income tax. This is not
applicable, however, to businesses, companies or corporations,"
Chairul Anwar said citing Law No. 38/1999. -- Antara.