WHO WE ARE
TRUE PARTNERS IN TEAM WORK
Established in Jakarta, Indonesia in 2009, PreciousNine is present to help you solve your tax and business problems.
With more than 15-year working experience in the area, our professionals understand quite well why and how to factor in tax when you make business decisions. Good tax planning will protect you from surprise tax assessments which may lead to serious damages to your business. A review of your past deals will reveal the pitfalls that may attract potential tax assessments.
We quite understand how to deal with such problems and are committed to share our experience and expertise to solve your tax and business problems. Trust and teamwork is key to any effective solutions. We will therefore work with you as true partners
“A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.”
– Suze Orman
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LATEST NEWS
Reg. 72/PMK/2023
One-stop regulation about noncurrent assets
depreciation and amortization for tax
The Minister of Finance (MOF) issued Reg. 72/PMK/2023 (PMK 72) on 13 Jul. 2023 regarding the all-about noncurrent assets depreciation and amortization for tax, which came into force on 17 Jul. 2023. Replacing
Reg. 96/PMK.03/2009 (PMK 96) and cancelling a few others, PMK 72 appears to serve as a one-stop regulation governing all the things about this matter previously addressed in several regulations. MOF Decree No. 521/KMK.04/2000 regarding noncurrent tangible assets depreciation for companies engaged in production sharing contracts, though, is left intact.
Default assets grouping is unchanged. Nonbuildings assets, tangible or intangible, are classified based on their useful life into four groups while buildings assets into two. A pair of depreciation or amortization rate is specified for each non-building asset group, for the straightline method (SLM) and the double-declining balance method (DDBM).
ITNH 5-2023-Noncurrent-assets-depreciation-and-amortization