Cempaka Business and Economy: Publicly listed firms, service companies to get tax cuts

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Saturday, January 24, 2009

Publicly listed firms, service companies to get tax cuts

Aditya Suharmoko,The Jakarta Post, Jakarta | Sat, 01/24/2009 3:24 PM

The deepening global economic slump has forced the government to act fast to implement its pledged stimulus package to limit adverse impacts on local companies.

Finance Minister Sri Mulyani Indrawati recently issued a regulation making publicly listed companies eligible for a 5 percent cut in income tax to help them reduce their costs.

Finance Ministry Regulation No. 238/2008, effective since Dec. 30, 2008, says companies are eligible for this if their shares are at least 40 percent owned by the public, with at least 300 parties holding shares and no single shareholder having more than 5 percent of total holdings.

Under the regulation, companies must meet this requirement for at least six months within any one year if they want to get the concession.

The companies are also required to attach a letter from the Stock Administration Bureau when submitting their tax report.

Audit director at the Finance Ministry's directorate general of taxation Riza Noor Karim said the regulation, giving lower tax rates to some businesses, would encourage publicly-listed companies to release more shares to the public.

"Aside from the cuts, the policy will also encourage companies to release more of their shares to the public," Riza said. Income tax for corporations is set at 28 percent flat this year, and 25 percent flat next year.

The ministry also issued another regulation, No. 244/2008, making service sector companies eligible to a 2 percent cut in tax liability based on a calculation of gross revenue.

There are 27 service sector firms now enjoying the discount, effective since Jan. 1. This includes several outsourcing companies, installation companies, event organizers, cleaning service companies and food catering companies.

Service firms having no tax registration number (NPWP) will have to pay double. The normal tax rate taken from gross revenue for such industries is set at 4.5 percent.

Indonesia, Southeast Asia's largest economy, has unveiled a massive stimulus package to help push the economy by promoting domestic demand as business activities linked to international trade slump.

The government has set aside Rp 12. 5 trillion (US$1.1 billion) in this year's state budget, including for tax cuts and subsidies. This figure will likely grow as government plans to add Rp 37.5 trillion more for this.

Several tax incentives are also in the pipeline which will be issued in less than three months. This include taking over liabilities for workers income tax from companies which normally subsidize the income tax contributions of their workers.

Unlike in developing countries, most companies here subsidize the income tax contributions of their workers as part of a benefit package.

Services getting the tax cut

Valuation
Actuaries
Design
Drilling
Oil and gas support
Mining support
Aviation and airport support
Logging
Waste management
Workforce supplier
Agency, brokerage
Securities trading
Custodian
Audio dubbing
Movie mixing
Software
Installation
Maintenance
Security and private investigator
Event organizer
Packaging
Advertising provider
Cleaning service
Pest containment
Food catering
Original equipment manufacturing

Source: Finance Ministry

Cempaka Business and Economy

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Saturday, January 24, 2009

Publicly listed firms, service companies to get tax cuts

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