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PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2016 and 2015 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
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27. TAXATION continued
d. The components of income tax expense benefit are as follows: continued Tax Law No. 362008 which is futher regulated in Government Regulation No. 772013 stipulates
a reduction of 5 from the top rate applicable to qualifying listed companies, for those whose stocks are traded in the IDX which meet the prescribed criteria that the public owns 40 or more
of the total fully paid and traded shares, and such shares are owned by at least 300 parties, with each party owning less than 5 of the total paid-up shares. These requirements must be met by a
company for a period of 183 days in one tax year. The Company has met all of the required criteria; therefore, for the purpose of calculating income tax expense and liabilities for the financial
reporting years ended December 31, 2015 and 2014, the Company has reduced the applicable tax rate by 5.
The Company applied the tax rate of 20 for the three months period ended March 31, 2016 and 2015. The subsidiaries applied a tax rate of 25 for the three months period ended March 31,
2016 and 2015. e. Tax
assessment i The
Company In November 2013, the Company received tax underpayment assesment letters “SKPKBs”
No. 000562070709313 to No. 000652070709313 dated November 15, 2013, for the underpayment of VAT for the period January - September and November 2007 amounting to
Rp142 billion. On January 20, 2014, the Company filed its objection to the Tax Authorities. The Company has received the rejection of its objection through The Directorate General of
Taxation “DGT” decision letter No. 2498 to 2504 and 2541 to 2543WPJ.192014 dated December 16 and 18, 2014, respectively. The Company accepted the assessment on the
underpayment of VAT amounting to Rp22 billion including penalty of Rp10 billion. The accepted portion was charged to the 2014 consolidated statement of profit and loss and other
comprehensive income and the portion of VAT Interconnection amounting to Rp120 billion including penalty Rp39 billion is recognized as claim for tax refund. The Company has filed
an appeal to the rejection of the objection on underpayment of VAT on Interconnections No. Tel. 59 KU000 COP-100000002015 to No. Tel. 59 KU000 COP-100000002015 dated
March 12, 2015.
In November 2014, the Company received SKPKBs as the result of tax audit for fiscal year 2011 from the Tax Authorities. Based on the letters, the Company received VAT
Underpayment assesment for the tax period January until December 2011 amounting to Rp182.5 billion including penalty Rp60 billion and corporate income tax underpayment
assesment amounting to Rp2.8 billion including penalty of Rp929 million. The Company has paid the underpayment. The accepted portion on the underpayment VAT, amounting to Rp4.7
billion including penalty of Rp2 billion was charged to the 2014 consolidated statement of profit or loss and other comprehensive income and the portion of VAT Interconnection
amounting to Rp178 billion including penalty of Rp58 billion is recognized as claim for tax refund.
The Company filed an objection VAT interconnection transactions in 2011 on January 7, 2015 No. Tel. 03 KU000 COP-100000002015 to No. Tel. 14 KU000 COP-
100000002015 to the Tax Authority. Regarding the case, The Tax authority rejected the
Company’s objection in the decree No. 1907 to 1914 dated October 20, 2015 for the tax period January to August 2011, No. 2026 to 2028 dated November 2, 2015 for the tax period
October to December 2011 and No. 2642WPJ.192015 dated December 29, 2015 for the tax period September 2011. The Company has filed an appeal on January 20, 2016. As of the
date of approval and authorization for the issuance of these consolidated financial statements, the appeal is still in process.
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PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2016 and 2015 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
Table of Contents
27. TAXATION continued
