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Read MoreAs 2025 approaches, the Indonesian government is rolling out CoreTax, a new centralized tax system that promises to revolutionize the way businesses handle their tax obligations. For business owners, this transition represents both an opportunity and a challenge. Here’s what you need to know to stay ahead of the curve and ensure your business is fully compliant.
CoreTax 2025 is a digital tax platform designed to streamline tax reporting, payment, and compliance. The system integrates various tax-related processes, providing a one-stop solution for businesses to manage their obligations more efficiently. It is part of the government’s broader effort to improve transparency, reduce tax evasion, and increase state revenue.
Failure to adapt to CoreTax 2025 could result in significant penalties, not to mention the risk of falling behind competitors who leverage the system’s efficiencies. Here are some specific reasons why this transition is critical:
While CoreTax 2025 offers many benefits, businesses may face initial challenges:
CoreTax 2025 is an upgrade of the administrative flow for businesses in Indonesia. By preparing now, you can ensure a smooth transition and take full advantage of the benefits of this system. Don’t wait until it’s too late and start planning today to secure your business’s future in a rapidly evolving tax landscape. For more information or to schedule a consultation, contact our team of experts who can help you navigate the complexities of CoreTax 2025.
As with any major change, there are challenges, particularly for foreign investors. One of the main challenge is the Person in Charge (PIC)—the individual responsible for managing the company’s tax
Implementation CoreTax marks a significant shift in Indonesia's tax system, aiming to enhance ease of use and data security for taxpayers. This integrated system also promises greater transparency in all
As 2025 approaches, the Indonesian government is rolling out CoreTax, a new centralized tax system that promises to revolutionize the way businesses handle their tax obligations. For business owners, this
Coretax is an integrated tax administration system designed to automate and modernize Indonesia's tax processes. Developed by the Directorate General of Taxes (DGT), it will facilitate various tax-related activities, including
One week into the launch, Indonesia's new tax system (Coretax) is facing technical issues. The technical issues have caused some services such as NPWP registration and other tax services that
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