Definition of Tax Restitution
Tax restitution is an application for a tax refund submitted by the taxpayer to the state. The term "tax refund" is regulated in the Law on General Regulations and Tax Procedures (UU KUP). Tax restitution occurs when a taxpayer pays more than the amount that should according to tax provisions. The state has the obligation to return the overpayment to the taxpayer after a series of audit processes by the Directorate General of Taxes (DGT). Tax restitution is the government's effort to create a healthy tax system and as a guarantee of trust given by the government to taxpayers. Tax restitution also aims to protect taxpayer rights.
Requirements for Filing Restitution for Individual Taxpayers
Individual Taxpayer restitution submission applies if:
- Tax overpayments below or equal to IDR100 million where individual taxpayers who have tax overpayments below or equal to IDR100 million are entitled to accelerated restitution;
- On-time in submitting tax returns where taxpayers must submit notification letters (SPT) on time in accordance with applicable regulations;
- Not having tax arrears where taxpayers may not have tax arrears for all types of taxes and
- Conducting financial statement audits where taxpayers must submit financial reports in a tax year that a public accountant or authorized institution has audited;
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