Company correcting a corporate return
PT kami mau koreksi SPT badan karena biaya tidak boleh dibiayakan. Bisa?
The situation
Yes. A company can correct its annual return before an audit starts, paying extra tax with interest.
The law
- Art 8, Law 6/1983 on General Provisions and Tax Procedures (KUP Law), as last amended by Law 6/2023: A taxpayer may correct a filed return on its own initiative before an audit starts, and may disclose errors during a preliminary evidence examination with a penalty
- Art 17, Law 7/1983 on Income Tax (PPh Law), as last amended by Law 6/2023: Individual rates: 5 percent up to IDR 60 million, 15 percent to IDR 250 million, 25 percent to IDR 500 million, 30 percent to IDR 5 billion, 35 percent above; company rate 22 percent
What it means for you
Common fixes are non deductible costs, missing income or wrong depreciation. Example: IDR 200 million of costs added back gives IDR 44 million extra tax plus interest.
What to do
- Identify the errors.
- Compute extra tax.
- Pay tax and interest.
- File the correction.
A corrected return within 2 years can still be audited.
We can do this for youCorrecting past returns and voluntary disclosure: return correction, disclosure during examination, and why no amnesty is open: IDR 3.500.000