GANJIL PT. Arsenal Jaya adalah Wajib Pajak sekaligus Pengusaha Kena Pajak. Usahanya adalah menjual barang elektronik. Pada bulan Desember 2015 mempunyai transaksi sebagai berikut: (Semua transaksi sudah termasuk PPN, kecuali tidak terutang atau mendapat fasilitas atau keterangan lain). 1. Melakukan pembayaran kepada Tn. Persie (K/2) sebagai berikut: Gaji : Rp6.450.000,00 Tunjangan : Rp2.150.000,00 JKK : 0,2% dari gaji pokok JKM : 0,3% dari gaji pokok Iuran Pensiun : Rp110.000,00 Iuran JHT : Rp72.000,00 Bonus : Rp12.000.000,00 Tn. Persie (belum ber-npwp) bekerja sejak Februari 2015. Bonus dibayarkan pada bulan September 2015. First, compute the Income Tax Art. 21 for total salaries without the bonus in the year of 2015. Note that Mr. Persie began his job at February 2015. Salary = Rp 6.450.000,00 Allowance = Rp 2.150.000,00 JKK = 0,2% x Rp6.450.000,00 = Rp 12.900,00 JKM = 0,3% x Rp6.450.000,00 = Rp 19.350,00 + Total gross income for a month = Rp 8.632.250,00 Official Expenditure (5% or maximum Rp500.000,00) = Rp 431.612,50 - Total net income for a month = Rp 8.200.637,50 Annualized (x11) = Rp 90.207.012,50 Personal Exemptions for the year of 2015: - for individual = Rp36.000.000,00 - marital status = Rp 3.000.000,00 - two dependent family members = Rp 6.000.000,00 = Rp 45.000.000,00 - Taxable Income for the year of 2015 = Rp 45.207.012,50 (rounded) = Rp 45.207.000,00 Income Tax Art. 21 (5%) without bonus = Rp 2.260.350,00 120% for not owning Tax Registration Number = Rp 2.712.420,00 Second, compute the Income Tax Art. 21 for total salaries with bonus. Total gross income for a month = Rp 8.632.250,00 Annualized (x11) = Rp 94.954.750,00 Bonus (September 2015) = Rp 12.000.000,00 + Total gross income for the year of 2015 = Rp106.954.750,00 Official Expenditure (5% or maximum Rp6.000.000,00) = Rp 5.347.737,50 - Total net income for the year of 2015 = Rp101.607.012,50 Personal Exemptions for the year of 2015 = Rp 45.000.000,00 Taxable Income for the year of 2015 = Rp 56.607.012,50 (rounded) = Rp 56.607.000,00 Income Tax Art. 21 (5%) with bonus = Rp 2.830.350,00 120% for not owning Tax Registration Number = Rp 3.396.420,00
The difference is the Income Tax Art. 21 for the month of September 2015 (Rp3.396.420,00 Rp2.712.420,00) = Rp 684.000,00 Monthly Income Tax Art. 21 without the bonus (rounded) (Rp2.712.420,00 11) = Rp 246.583,00 Income Tax Art. 21 for the bonus = Rp 437.417,00 For December 2015 only: 12/31 Salary Expense Mr. Persie* 8.600.000 Income Tax Art. 21 Payable 246.583 Cash 8.353.417 *(Rp6.450.000,00 + Rp2.150.000,00) 12/31 Pension Premium 110.000 JHT Premium 72.000 JKK Premium 12.900 JKM Premium 19.350 Cash 214.250 2. Membayar honor konsultan kepada Tn. Arsavin (Wajib Pajak, status K/1) sebesar Rp45.670.000,00. Pada bulan-bulan sebelumnya sudah dibayarkan honor sebanyak Rp129.432.000,00. Tn. Arsavin menyatakan punya penghasilan lain. Note that Mr. Arsavin has income from not only one source. Thus, eventhough this income from PT. Arsenal Jaya is considerably continuous, Mr. Arsavin cannot get any Personal Exemption for this income. Assumption: Mr. Arsavin is not a Taxable Person so there was no VAT in this transaction. Income Tax Art. 21 for the month of December 2015: (5% x 50% x Rp45.670.000,00) = Rp 1.141.750,00 12/31 Salary Expense Consultant 45.670.000 Income Tax Art. 21 Payable 1.141.750 Cash 44.528.250 3. Membayar jasa membersihkan AC kepada Tn. Wenger (non-wajib Pajak, status K/3) sebesar Rp165.000,00. Tn. Wenger bekerja berdasarkan perintah dari pemberi kerjanya, yaitu CV. Bersihlah Selalu (PKP). Note that Mr. Wenger worked on behalf of CV. Bersihlah Selalu. Thus, this payment was considerably an object to Income Tax Art. 23, not 21. Also note that this transaction was an object to VAT. 12/31 Service Expense* 150.000 Prepaid Tax VAT-In 15.000 Income Tax Art. 23 Payable** 3.000 Cash 162.000 *(100/110 x Rp165.000,00) **(2% x 100/110 x Rp165.000,00)
4. Membayar premi asuransi kepada Cesc Insurance yang berkedudukan di Spanyol sebesar Rp45.000.000,00. Pihak Cesc tidak mau dipotong PPh sehingga Wajib Pajak bermaksud melakukan gross-up atas pembayaran tersebut. Note that this insurance payment was not an object to VAT. Income Tax Art. 26 20% x 50% = 100% - (20% x 50%) x Rp45.000.000,00 10% = 100% - 10% x Rp45.000.000,00 =10/90 x Rp45.000.000,00 = Rp 5.000.000,00 Net payment = Rp45.000.000,00 + Gross-up payment = Rp50.000.000,00 12/31 Insurance Expense 50.000.000 Income Tax Art. 26 Payable* 5.000.000 Cash 45.000.000 *(20% x 50% x Rp50.000.000,00) 5. Membeli solar sebanyak 1.122 liter dari Pertamina dengan harga Rp4.500,00 per liter (sudah termasuk PPN). 12/31 Oil Inventory 4.576.230 Prepaid Tax Income Tax Art. 22* 13.770 Prepaid Tax VAT-In 459.000 Cash 5.049.000 *(0,3% x 100/110 x (1.122 x Rp4.500,00)) 6. Membayar jasa pemasangan kabel kepada PT. Bongkar Pasang (PKP usaha jasa konstruksi dengan sertifikasi menengah) sebesar Rp57.000.000,00. 12/31 Installation Expense 57.000.000 Prepaid Tax VAT-In 5.700.000 Income Tax Art. 4 pr. (2) Payable* 1.710.000 Cash 55.290.000 *(3% x Rp57.000.000,00) 7. Mengimpor barang dagangan dengan harga US$13,400, asuransi 5%, ongkos angkut 10%, bea masuk 20%, PPnBM sebesar 30%. Costs = $13,400 Insurance = 5% x $13,400 = $ 670 Freight = 10% x $13,400 = $ 1,340 + Total CIF = $15,410 Import duty = 20% x $15,410 = $ 3,082 + Tax base = $18,492 VAT = 10% x $18,492 = $ 1,849 Sales Tax on Luxury Goods = 30% x $18,492 = $ 5,547 Income Tax Art. 22* = 2,5% x $18,492 = $ 462 *Assumption: PT. Arsenal Jaya owns an Import Identification Number
No exchange rate mentioned. Make the entry in US$. 12/31 Inventory 15,410 Import Duty 3,082 Prepaid Tax VAT-In 1,849 Sales Tax on Luxury Goods Expense 5,547 Prepaid Tax Income Tax Art. 22 462 Cash 26,350 8. Menerima dividen sebesar Rp195.000.000,00. Sebesar Rp155.000.000,00 berasal dari Bendtner Corp. yang berkedudukan di Denmark (kepemilikan sebesar 27%, pajak di Denmark sebesar 10%) dan sisanya berasal dari PT. Almunia (kepemilikan 10%). Note that PT. Arsenal Jaya s ownership in Bendtner Corp. is 27% so PT. Arsenal Jaya should record its investment within equity method. For more comprehensive understanding, read the Elucidation of Article 24 of the Law no. 38 of 2008. 12/31 Investment in Bendtner Corp. 139.500.000 Prepaid Tax Income Tax Art. 24* 15.500.000 Income from Investment 155.000.000 *(10% x Rp155.000.000,00) Note that PT. Arsenal Jaya s ownership in PT. Almunia is 10% so PT. Arsenal Jaya should record its investment within cost method. 12/31 Cash 34.000.000 Prepaid Tax Income Tax Art. 23* 6.000.000 Dividend Income 40.000.000 *(15% x (Rp195.000.000,00 Rp155.000.000,00)) 9. Menerima pembayaran pelunasan utang pada tanggal 27 Desember sebesar US$9,200 beserta bunga pinjaman sebesar US$1,050. Pinjaman dilakukan pada tanggal 10 Desember 2014 dengan kurs Rp13.750,00/US$. Kurs 31 Desember 2014 Rp13.900,00/US$. Kurs 27 Desember 2015 Rp13.670,00/US$. 10. Menerima uang sewa gudang dari Tn. Guardiola (non-wajib Pajak) dengan harga sewa sebesar Rp12.000.000,00. 12/10 Receivable 126.500.000 2014 Cash 126.500.000 (Rp13.750,00 x $9,200) 12/31 Receivable 1.380.000 2014 Gain on Foreign Exchange (OCI) 1.380.000 ((Rp13.900,00 Rp13.750,00) x $9,200) 12/27 Gain on Foreign Exchange (OCI) 1.380.000 2015 Loss on Foreign Exchange (OCI) 736.000 Receivable 2.116.000 ((Rp13.900,00 Rp13.670,00) x $9,200)
Eventhough the gain/loss on foreign exchange were reported in OCI section, those items must be included in the computation of Taxable Income. 12/27 Cash 137.964.475 2015 Prepaid Tax Income Tax Art. 23* 2.153.025 Interest Revenue** 14.353.500 Receivable*** 125.764.000 *(15% x (Rp13.670,00 x $1,050)) **(Rp13.670,00 x $1,050) ***(Rp126.500.000,00 + Rp1.380.000,00 Rp2.116.000,00) Loss on foreign exchange remaining in OCI section (Rp736.000,00) at the end of year 2015 will be closed to Retained Earnings.