Timetable
The tax calculation and preparation of DDI’s 2015 and 2016 CIT Return will be based on data provided by DDI. In order to prepare correct, timely returns it is important that complete and accurate data is provided to us in accordance with the timetable set out in Appendix B.
As the company’s book year ends on 31 December 2015 and 2016, the deadline to settle any tax
underpayment for the 2015 and 2016 CIT Return will be prior submission of CIT Return. The return is required to be filed by 29 April 2016 (since 30 April 2016 falls on Saturday) and 28 April 2017 (since 30 April 2017 falls on Sunday).
In order to ensure timely preparation of the return, including review by DDI, and settlement of any tax underpayments, you are requested to provide us with the necessary documents detailed in Appendix C by 15 February 2015 and 15 February 2016 at the latest.
Note: Late filing will incur IDR 1,000,000 penalty. In addition, the Tax Office can recalculate the taxpayer’s tax liability using its own criteria which is generally a standardised deeming method. This method of calculation can result in a substantially higher tax payment than would otherwise be the case had the return been filed on time. Therefore, prompt delivery of the information requested is in your best interests.