{"id":255,"date":"2025-04-05T08:00:34","date_gmt":"2025-04-05T01:00:34","guid":{"rendered":"https:\/\/provisio-id.com\/provisioconsulting\/?p=255"},"modified":"2025-04-05T08:00:34","modified_gmt":"2025-04-05T01:00:34","slug":"6-global-minimum-tax-exclusion-parties","status":"publish","type":"post","link":"https:\/\/provisio-id.com\/provisioconsulting\/6-global-minimum-tax-exclusion-parties\/","title":{"rendered":"6 Global Minimum Tax Exclusion Parties"},"content":{"rendered":"\n

https:\/\/provisio-id.com\/provisioconsulting\/<\/a> 6 Global Minimum Tax Exclusion Parties , The Global Minimum Tax is one of the important breakthroughs in international tax reform, which aims to create a fairer and more transparent tax system in the era of globalisation. This policy, known as the Global Anti-Base Erosion Rules (GloBE), is designed to prevent tax avoidance practices by multinational companies through base erosion and profit shifting schemes.<\/p>\n\n\n\n

As part of the OECD\/G20 Inclusive Framework on BEPS initiative, Indonesia has officially adopted this policy through Minister of Finance Regulation (PMK) Number 136 Year 2024. This step not only strengthens Indonesia’s position in global tax governance, but also ensures fairer tax contributions from large companies operating in the country.<\/p>\n\n\n\n

Need help managing your corporate tax? Get a free tax consultation online at pajak.io. Our team of experts is ready to help you with various tax questions and concerns. Feel free to contact us and improve your understanding of corporate tax!<\/p>\n\n\n\n

GloBE Scope and Exemptions<\/p>\n\n\n\n

GloBE applies to constituent entities that are part of a business group with a global gross turnover of at least 750 million euros. However, there are several types of entities that are exempted from the application of GloBE, as stipulated in Article 3 of MoF Regulation 136\/2024.<\/p>\n\n\n\n

The following is a more detailed explanation <\/a>of the criteria and types of exempted parties:<\/p>\n\n\n\n

1. Government Entities<\/p>\n\n\n\n

Government entities are exempt from GloBE if they fulfil the following four criteria:<\/p>\n\n\n\n

Establishment and Ownership: The agency is established based on laws and regulations or owned directly or indirectly by the government or local government.<\/p>\n\n\n\n

Purpose and Function: The agency aims to fulfil a government function or manage and invest government assets.<\/p>\n\n\n\n

Accountability: The entity is accountable to the government for its overall performance and is required to submit an annual report to the government.<\/p>\n\n\n\n

Asset Distribution: On dissolution, the assets of the entity pass to the government, and its net income is distributed entirely to the government.<\/p>\n\n\n\n

2. International Organisations<\/p>\n\n\n\n

Exempt international organisations include intergovernmental organisations, supranational organisations, as well as bodies or instruments wholly owned by intergovernmental organisations. The exclusion criteria are:<\/p>\n\n\n\n

Ownership: The organisation is primarily government-owned.<\/p>\n\n\n\n

Privileges and Immunities: The organisation has an agreement with the country or jurisdiction in which it is established, granting privileges and immunities.<\/p>\n\n\n\n

Non-Profit Purposes: Legal provisions or its founding documents prevent the organisation’s income from being used for the benefit of parties other than the government.<\/p>\n\n\n\n

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