Bonds are debt securities, government bonds and regional bonds with a maturity of more than 12 (twelve) months issued by the government and non-government, including debt securities issued based on sharia principles (sukuk). Bond interest is compensation received or obtained by bond holders in the form of interest, ujrah/fee, profit sharing, margin, other similar income, and/or discounts.
Based on PP no. 91 of 2021 Article 2 paragraph (1) “Income in the form of Bond Interest received or obtained by domestic taxpayers and permanent establishments is subject to final income tax.” The Final Income Tax rate is charged at 10% of the basic income tax imposition.
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