Govt. Planned to Implement Marketplace Tax Collection Starting Jul-26

Govt. Planned to Implement Marketplace Tax Collection Starting Jul-26

Finance Minister Purbaya Yudhi Sadewa indicated that the government's plan to implement Article 22 income tax (PPh 22) collection on online merchants through marketplaces is likely to take effect on 01 Jul-26, pending final confirmation with the Directorate General of Taxes. The policy requires designated marketplaces to collect 0.5% PPh 22 on merchants' transactions in accordance with PMK No. 37/2025, and is intended to create a more level playing field between online and offline businesses rather than impose an additional tax burden. The collected tax will remain creditable against sellers' existing tax obligations, preventing double taxation. (Bloomberg Technoz)

Govt. Delayed EV Incentives to Aug-26 Amid Further Review

Finance Minister Purbaya Yudhi Sadewa indicated that the rollout of Indonesia's planned EV incentives may be delayed until Aug-26, citing preparations that may not yet be sufficiently mature. The incentives were initially expected to take effect in Jul-26, but Coordinating Minister for Economic Affairs Airlangga Hartarto previously announced a one-month postponement while the policy undergoes further review. The incentives are expected to be implemented through a Minister of Finance Regulation (PMK), although the final details and implementation timeline remain under discussion between the Ministry of Finance and the Coordinating Ministry for Economic Affairs. (Bloomberg Technoz)

Darma Henwa (DEWA) Distributed IDR 58.6 bn Dividend

DEWA distributed dividend of IDR 58.6 bn or IDR 1.5/sh (Div.yield: 0.5%) for FY25, representing 11.0% payout ratio from core profit. This marks the co.'s first dividend distribution since its listing on the IDX. The dividend details were announced on 29 Jun-26, while the detailed dividend schedule has yet to be disclosed by the co. In addition, shareholders approved the appointment of Sukarni Ilyas as a new Commissioner. (Company).

Bumi Resources (BUMI) Completed 3.03% Stake Divestment in Citra Palu Minerals to BRMS

BUMI completed the divestment of its 3.03% stake in PT Citra Palu Minerals (CPM) to subsidiary Bumi Resources Minerals (BRMS) for IDR 151.99 bn on 29 Jun-26. The transaction is part of BUMI's strategic transition and capital reallocation plan to support its diversification and near-term growth initiatives. Following the divestment, BUMI retains indirect exposure to CPM through its shareholding in BRMS. (Bisnis.com)