The Ministry of Finance has decided to delay the implementation of the Regulation of Director General of Taxation (Perdirjen) No. PER-01/PJ/2015 on the Amendment to the Perdirjen No. PER -53/PJ/2009 that regulates Withholding Tax. The Vice Minister of Finance Mardiasmo, in his capacity as the then acting Director General of Tax, published said Perdirjen on January 26, 2015 requiring banks to submit evidence of Income Tax (PPh) payment on deposit interest and customer savings in detail. The regulation was meant to come into force starting March 1, 2015 but it is now postponed indefinitely.To subscribe please click here