SSJK Consulting June 2025 SSJKlopedia: New Rules on Tax Sanction Reduction and Cancellation – Highlights from Ministry of Finance Regulation No. 118 Year 2024
The Taxpayer may submit an application to the Tax Office for the reduction or cancellation of administrative sanctions. The Tax Office has the authority to fully approve, partially approve, or reject the application based on the supporting facts and documentation.
Continuing from our SSJKlopedia Edition 14, the Ministry of Finance Regulation No. 118 of 2024 provides further clarification on what constitutes oversight or errors not caused by the taxpayer, including those arising from specific circumstances beyond the taxpayer’s control.
This regulation also introduces new provisions regarding the payment of Tax Assessment Letters, which are now required to meet the formal criteria for submitting a reduction or cancellation request.
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