Share with your friends

TNF September 2019: Deemed Profit Repatriation Rules Clarified for Controlled Foreign Companies (CFCs)

TNF September 2019: Deemed Profit Repatriation Rules


Related content


The Indonesian Tax Authority (ITA) has issued Regulation No. 93/PMK.03/2019 (PMK-93) to amend PMK-107 regarding CFC rules - as discussed in our August 2017 Tax News Flash. PMK-93 provides greater clarity regarding taxation of deemed dividends for CFCs. Unfortunately, several other concerns are still yet to be addressed by the ITA.

© 2021 Siddharta Widjaja & Rekan – Registered Public Accountants, an Indonesian partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit

They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Connect with us


Want to do business with KPMG?


loading image Request for proposal