Akuntansi PerpajakanFixed Asset 19/09/2014*

Tangible Fixed AssetsHeld for use in production or supply of goods and services, for the rentals to others, or for administrative purposes, they are expected to be used during more than one periodPSAK 16

19/09/2014*

Acquisition Cost19/09/2014*

AccountingTaxTo purchase using the current cash value if it can not be measured at fair value, its cost is measured at the carrying amount of the assets givenFor the exchange of assets using the fair priceFixed assets acquired from donations are recorded based on the fair priceFor transactions that do not have a special relationship based on actual costsFor a special relationship transaction is calculated based on the market priceFor exchange transactions are based on market pricesIn order liquidation, consolidation, expansion, splitting or merging is the market price unless otherwise determined by the Minister of FinanceRevaluation is equal value after revaluation

Acquisition of tangible fixed assetsPurchase price + Insurance + delivery cost + import duties (if any) + VAT + (Open Discussion/Credited as VAT IN)trade discounts and rebates -

19/09/2014*

Cost of Land25 January 2014, Moseley (PKP) bought land from Granada (PKP) as amounts Rp 100.000.000 (exclude property tax (Income Tax article 4 ver 2 and BPHTB) and Value Added Tax). Moseley spent Rp 50.000.000 more for clearing, grading, and filling

19/09/2014*

Acquire Land JournalLandRp 100.000.000LandRp 50.000.000LandRp 2.000.000 (BPHTB/Expense)Land Rp 10.000.000 (VAT/ VAT in)Cash Rp 162.000.000

Income Tax Article 4 ver 2 is the burden of the seller of the landValue of Tax Object Acquisition of non-taxable is assumed max Rp 60.000.00019/09/2014*

Cost of Buildings25 January 2014, Moseley (PKP) asked Onkaparinga Construction (PKP) for a new building as amount Rp 500.000.000 (exclude Construction Tax and VAT). Moseley paid building permits as amount Rp 2.000.000 and professional fees for design of building as amount Rp 5.000.000 to Onkaparinga too. Assume: Onkaparinga (small classification)

19/09/2014*

Acquire Building JournalBuildingRp 500.000.000Building Rp 50.000.000 (VAT/VAT in)BuildingRp 2.000.000 (Building Permit/Exp)BuildingRp 5.000.000 (Prof Fee/Exp)BuildingRp 500.000 (VAT/VAT in)Income Tax Art 4 ver 2 Liability Rp 10.000.000Income Tax Art 4 ver 2 Liability Rp 200.000Cash Rp 547.300.000

19/09/2014*

Cost of Equipment25 January 2014, Moseley (PKP) imported a machine from China as amount Rp 200.000.000. Insurance and delivery cost are Rp 30.000.000. Moseley does not have tax facility letter. Moseley uses a professional firm (PPJK(PKP)) to handle it as amount Rp Rp 2.000.000 (Exclude VAT and Income Tax Article 23)Assume: using API; Import Duty 0% (ACFTA)

19/09/2014*

Acquire Machine JournalMachineRp 200.000.000MachineRp 30.000.000Prepaid Tax 22Rp 5.750.000 MachineRp 23.000.000 (VAT/VAT in)MachineRp 2.000.000 (Exp)MachineRp 200.000 (VAT/VAT in)Income Tax Article 23 LiabilityRp 40.000CashRp258.750.000CashRp 2.160.000

19/09/2014*

Self-Constructed BuildingMoseley (PKP) held self-constructed building that started from 1 January 2014. Moseley will build a new buildings with 200 m square. Materials, labor and overhead costs incurred during construction are Rp 200.000.000

19/09/2014*

Self-constructed building journalBuildingRp 200.000.000BuildingRp 4.000.000 (VAT)CashRp 204.000.000

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Exchanges of Non-Monetary Assets19/09/2014*

Type of ExchangeAccounting GuidanceExchange has commercial substanceRecognize gains and losses immediatelyExchange lacks commercial substanceDefer gains; recognize losses immediately

Exchanges-LossMoseley (PKP) trades its used machine for a new model at Collette (PKP). The exchange has commercial substance. The used machine has a book value of Rp8.000.000 (cost Rp12.000.000;Acc Depr Rp4.000.000) and a fair value of Rp6.000.000. The new model lists for Rp16.000.000. Trade-in allowance of Rp9.000.000 for the used machine

19/09/2014*

Exchange CalculationMachine B originalRp 16.000.000Less: Trade In MacARp 9.000.000Cash paymentRp 7.000.000Fair Value Mac ARp 6.000.000Price Machine BRp 13.000.000

19/09/2014*

Exchanges-Loss JournalMachineBRp 13.000.000MachineBRp 1.300.000 (VAT/VAT In)Acc Depr-ARp 4.000.000Loss on DispRp 2.000.000Machine ARp 12.000.000VAT OutRp 600.000Cash Rp 7.700.000

19/09/2014*

Exchanges-Gain SituationMoseley (PKP) exchanged a used truck for a another. It has commercial substance. The used truck has a book value Rp42.000.000 (cost Rp64.000.000;Acc Depr Rp22.000.000) and a fair value of Rp49.000.000. Moseley must pay Rp11.000.000 cash

19/09/2014*

Exchange CalculationCash paymentRp 11.000.000Fair Value Truck ARp 49.000.000Price Truck BRp 60.000.000

19/09/2014*

Exchanges-Gain JournalTruck BRp 60.000.000Truck BRp 6.000.000 (VAT/VAT In)Acc Dep Tr ARp 22.000.000Truck ARp 64.000.000VAT Out Rp 4.900.000Gain on Disp TruckRp 7.000.000CashRp 12.100.000

19/09/2014*

Lacks Commercial SubstanceBook Value Truck ARp 42.000.000Add Cash PaidRp 11.000.000Price Truck BRp 53.000.000

19/09/2014*

Lacks Comm-JournalTruck BRp 53.000.000Truck BRp 5.300.000 (VAT/VAT In)Acc Dep TrucARp 22.000.000Truck ARp 64.000.000VAT Out Rp 4.900.000CashRp 11.400.000

19/09/2014*

Useful Life19/09/2014*

AccountingTaxDepend on professional judgement and review periodicallyStipulated by Minister of Finance Regulation

The Useful Life of Tangible Asset19/09/2014*

Group of Tangible assetsUseful LifeRate of DepreciationStraight LineDecliningI.Non BuildingGroup 1Group 2Group 3Group 4II.BuildingPermanent Non Permanent 4 years8 years16 years20 years

20 years10 years 25%12,5%6,25%5%

5%10%50%25%12,5%10%

DepreciationThe accounting process of allocating the cost of tangible assets to expense in a systematic and rational manner to those periods expected to benefit from the use of the asset

19/09/2014*

When Starting Depreciation19/09/2014*

AccountingTaxDepreciation begins when the asset is ready for use Depreciation starts since the month of the expenditure on the acquisition of propertyDepreciation starts since the completion month of construction of propertyWith the approval of Director General of Taxation, Tax payer can start taking depreciation in the asset is used to earn, collect and maintain in income or property in question began to produce

Start Month Depreciation Calculation19/09/2014*

AccountingTaxThe number of months can be rounded up or down to suit professional judgmentThe number of months is always rounded up

Depreciation method19/09/2014*

AccountingTaxStraight-line methodDeclining balance methodNumber of units methodSum of the years digit methodManagement can choose one method that is considered appropriate and consistently appliedDepreciation method should be reviewed at each financial year endThe group of buildings must use the straight-line methodGroups in addition to the building may use the straight-line method or the declining balance method consistent with the principles

Residual Value19/09/2014*

AccountingTaxThe residual value must be reviewed at least at each financial year endDoes not recognize the residual value

Depreciation system19/09/2014*

AccountingTaxDepreciation on an individual basis, except for certain items may be combinedIndividual depreciationJoint / group depreciation

Assets may be depreciated19/09/2014*

AccountingTaxAll fixed assets owned enterprisesOnly property owned and used to obtain, collect and maintain income

Development case 19/09/2014*Expenditures for the construction of a building is Rp 1,000,000,000.00 (one billion dollars). Construction began in October 2012 and was completed for use in March 2013, depreciation on the acquisition cost of the building began in March 2013 tax year.

Depreciation Machine Case19/09/2014*A machine is purchased and placed on the moon July 25, 2009 with a purchase price of Rp 100,000,000.00 (one hundred million rupiah). The useful life of the machine is 4 (four) years. If for example determined depreciation rate of 50% (fifty percent), the calculation of depreciation

Depreciation Machine Table (Fiscal)19/09/2014*

YearRateDepreciationBook ValueAcquisition Price100.000.000,0020096/12 x 50%25.000.000,0075.000.000,00201050%37.500.000,0037.500.000,00201150%18.750.000,0018.750.000,00201250%9.375.000,009.375.000,002013Depreciated at a time9.375.000,000

Depreciation Case (DJP Approval)19/09/2014*PT Agro Business engaged in the plantation bought tractor in May 2012. The plantation begins to yield (harvesting) in February of 2013 with the approval of the Director General of Taxes, depreciation of the tractor can be carried out from February 2013

Cell Phones19/09/2014*Cost of acquisition or purchase of mobile phones owned and used by the company for certain employees because of the position or the job can be charged through a 50% depreciation in group I (Kep DJP 220/2002)

Sedan19/09/2014*The cost of the acquisition, purchase, repair heavy sedan or similar vehicles owned and used for certain employees because of the position or job, can be expensed through depreciation by 50% group 2 (Kep DJP 220/2002)

Forms of Intangible Assets19/09/2014*renewal fees right to build, lease, use rights, and goodwill (goodwill) which have a useful life of more than 1 (one) year which is used to obtain, collect, and maintain income (Article 11A Income Tax Law)

The Accounting Treatment for Intangible Assets19/09/2014*

Type of IntangibleLimited LifeIndefinite LifePurchasedCapitalizeCapitalizeInternally CreatedExpense (in research phase)Expense (in research phase)AmortizationOver useful lifeDo not amortizeImpairment testCompare recoverable amount to carrying valueCompare recoverable amount to carrying value

Impairment TestCarrying Amount

Compared to

Recoverable Amount

Higher ofFair Value less Costs to SellValue-in Use19/09/2014*

No ImpairmentMoseley (PKP) performs an impairment test for its patent. The carrying amount of the patent is Rp200.000.000, its fair value less costs to sell is Rp180.000.000 and its value in use is Rp205.000.000.There is no impairment because value-in use is higher than its carrying amount

19/09/2014*

Loss in ImpairmentMoseley (PKP) has value in use Rp175.000.000; Fair value less costs to sell Rp180.000.000; and carrying amount Rp200.000.000So recovarable amount is Rp 180.000.000Therefore, Moseley record impairment Rp20.000.000

19/09/2014*

Impairment Loss JournalLoss on Impairment(Other)Rp 20.000.000Acc Depreciation-PatentRp20.000.000

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Intangible Assets Period19/09/2014*

Group of IntangibleAssets Periodrate Amortization based methodStraight LineDeclining BalanceGroup 1Group 2Group 3Group 44 years8 years16 years20 years25%12,5%6,25%5%50%25%12,5%10%

Oil Company Case19/09/2014*Amortization of expenditure to acquire the rights and other expenditures that have a useful life of more than 1 (one) year in the field of oil and gas extraction is done by using the unit of production method (PMK 248/2008)

Forest Concessions Case19/09/2014*Expenditures to acquire mineral rights other than oil and gas, forestry rights and natural resource concessions and other natural products such as concessions are amortized based marine unit of production method with the highest number of 20% (twenty percent) per year (PMK 248/2008)

Forest Concessions19/09/2014*Expenditures to acquire forest concessions, which have the potential of 10,000,000 (ten million) tons of wood, amounting to Rp 500,000,000.00 (five hundred million rupiah) amortized in accordance with the percentage of units of production realized in the year. If within one (1) fiscal year, the production is 3,000,000 (three million) tonnes, ie 30% (thirty percent) of the potential available, although the amount of production in that year reached 30% (thirty percent) of the amount potential available, the amount of amortization is deductible from gross income for the year was 20% (twenty percent) of expenditures or Rp 100,000,000.00 (one hundred million rupiah).

Withdrawal of Assets19/09/2014*

AkuntansiPajakBook value is calculated up to the end before the asset is soldThe book value of assets charged as a loss and the amount of the sale price or insurance payment received or acquired, is recorded as income in the case of withdrawal

Disposal of AssetsMoseley (PKP) sell an used truck as amount of Rp40.000.000 cash. The Used truck has book value of Rp 45.000.000 (Cost Rp80.000.000; Acc Dep Rp 35.000.000)

19/09/2014*