PB TaxandHead Of�ceMenara Imperium, 27th Fl., Jl. H.R. Rasuna Said Kav. 1, Jakarta 12980, IndonesiaPh.  +62 21 8399 9919   Fx.  +62 21 8379 3939   contact@pbtaxand.com

Branch Of�ceGraha Bukopin, 9th Fl., Jl. Panglima Sudirman 10-18, Surabaya 60271, IndonesiaPh.  +62 31 531 9598   Fx.  +62 31 531 9599   surabaya@pbtaxand.com   

www.pbtaxand.com

committed to excellence

Taxand provides high quality, integrated tax advice worldwide. Our tax professionals,

nearly 400 tax partners and over 2,000 tax advisors in nearly 50 countries - grasp both

the fine points of tax and the broader strategic implications, helping you mitigate risk,

manage your tax burden and drive the performance of your business.

We're passionate about tax. We collaborate and share knowledge, capitalising on our

collective expertise to provide you with high quality, tailored advice that helps relieve the

pressures associated with making complex tax decisions.

We're also independent - ensuring that you adhere both to best practice and to tax law

and that we remain free from time-consuming audit-based conflict checks. This enables

us to deliver practical advice, responsively.

Further information is available at www.taxand.com

Taxand ... World Class, Worldwide 01

PB Taxand is one of Indonesia’s leading tax advisory, tax compliance and

transfer pricing service providers and is unique in Indonesia as being a member

of TAXAND, the world’s largest independent tax organization.

Based in Jakarta and Surabaya, PB Taxand is staffed by dedicated professionals

with a deep understanding of local tax policies and business culture. Our

longstanding personal and professional relationships with prominent industry

leaders keep us abreast of latest developments. We are equally well informed on

international legislation and trends.

Our clients include many of the nation’s leading businesses and fastest growing

corporations in key sectors such as banking, mining, trading, manufacturing,

property, securities and finance, as well as prominent multinationals.

PB Taxand ... Experts in Indonesia

Dedicated professionals who understand Indonesian tax policies and business culture

PB Taxand has achieved worldwide market recognition. In the International Tax Review’s

(ITR) World Tax Guide 2016 and ITR World Transfer Pricing Guide 2016, PB Taxand has

won as a Leading Firm of the Year.

We use our company’s world-class capabilities to anticipate

our clients’ needs. Leveraging the experience gained through

past successes, we look beyond the obvious for creative

business solutions.

Since its founding in 1996, PB Taxand has earned the trust of an ever growing

number of clients. We provide objective and independent counsel to national

firms, as well as to multinational companies doing business in Indonesia.

PB Taxand specialists cater to the needs of industrial and commercial entities,

state-owned businesses, family-owned businesses and publicly held

companies.

PB Taxand provides a broad range of services, delivered with a degree of

flexibility that significantly benefits our clients. Our company has also

demonstrated its ability to work successfully with multinational financial

organizations by giving them local presence.

Client satisfaction is what drives us. Our goal always is to guide clients to

achieving their full business potential. We devise win-win solutions that lead to

profitable results.

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03deliveringexcellence

PB Taxand’s key focus is on finding and developing creative solutions that

reduce our clients’ tax exposure.

Underlying all of our activities are three core values:

• Clarity … seeing beyond the obvious.

• Creativity … finding solutions to problems from different perspectives.

• Compassion … building true partnership with clients.

PB Taxand professionals exhibit a high degree of empathy for their clients,

building strong personal bonds based on a genuine understanding of the

problems that clients face. Our specialists are skilled at asking just the right

questions at the right moment, using client responses to arrive quickly at

practical, workable solutions.

Moreover, through our guest speaker program, our regular newsletter, and

resources we make available through the Internet, PB Taxand offers clients

a wealth of timely information and decision-making tools not readily

available elsewhere.

Client Benefits

People

Our primary asset is the outstanding team of enthusiastic, top-notch

professionals who help PB Taxand maintain its industry leadership position.

We recruit only the best talent available, and continually develop their technical,

creative and interpersonal skills.

We are proud of our team members’ positive mental attitude, and the sincere

interest they take in our clients and in meeting their needs.

PB Taxand team members enjoy the advantage of in-house workshops, as well

as seminars both in Indonesia and abroad. Our team is well informed, highly

motivated and extremely proud of the work we do for our clients.

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clarity, creativity, and compassion

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07

Tax issues are a crucial component in any company’s operations. With

Indonesian tax regulations growing more complicated, and tax officials becoming

more diligent in carrying out audits, failure to comply with tax regulations could

lead to significant financial exposure and cost. It has never been more important

to ensure that your tax affairs are carried out in strict accordance with the law.

Our tax specialists are fully knowledgeable about macroeconomic trends that

may impact the client‘s tax positions, and carefully monitor government policies,

initiatives and pending legislation with regard to corporate and personal taxation.

Our close relationships with the government officials who are in charge of

formulating and enforcing these policies, enable us to anticipate changes in

taxation policies.

At PB Taxand, we nurture strong and enduring relationships with our clients,

while maintaining the highest standards of integrity, confidentiality and trust.

Tax Advisory Services

Cross-Border Tax Issues

In addition to our extensive networking with overseas tax advisors, our

in-depth tax-planning expertise takes general tax consultation a notch

higher than is usual. We identify the best possible, workable tax advice

and find ways to implement optimum tax solutions and alternatives,

always focusing on maximizing our clients’ tax savings and minimizing

their tax problems.

Local Tax Advisory

We provide sound advice on specific tax laws and regulations.

We prepare both written and verbal communications and provide clients

with our views and interpretations of relevant government rules

and regulations.

When it comes to tax, making the right moves is vital. We understand tax and have the expertise to keep you ahead of the game, with the right strategy for your every move.

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Tax Review

Tax issues have a dramatic effect on a company’s bottom line.

PB Taxand has the skills and experience to prepare independent

company tax reviews based on a diagnostic check of our client’s books

and records. We determine if all rules and regulations have been

complied with, and look for additional ways to maximize tax savings.

Tax Audit / Verification

During an audit, PB Taxand is available around the clock for private

consultation. We gather, compile, review and file all relevant

documents, explain tax jargon in layman’s language, and represent

clients to tax auditors. We interpret any corrections deemed necessary

by the tax auditors until an assessment letter of tax verification has

been obtained.

Tax Objection and Appeal

When a client receives unfair assessment from the government, we

prepare and lodge a letter of objection and represent the client at the

Tax Office. If the objection is rejected, and we think the client has a fair

chance of winning, we will represent the client to pursue the case in

the Tax Court.

Tax Refund

When our clients inadvertently overpay particular taxes, we assist them

get a timely refund. We deal directly with the Tax Office and the State

Treasury, and work until the refund has been made.

Mergers & Acquisition and Corporate Restructuring

Managing risk and ensuring net cash flow are vital to companies in

transition - whether they are making an acquisition, disposing of a

non-core business, or going through a merger. Efficient and early tax

planning adds value to every single transaction by reducing both actual

transaction tax costs and the long-term sustainable tax rates. Our

company has tax professionals who are creative and have extensive

experience in mergers and acquisition as well as corporate restructuring.

Tax Advisory Services08

09Advice you can trust

“Because Time is Your Most Valuable Asset”

Tax and financial issues are crucial components in any company’s operations. Failure

to comply with tax regulations and financial matters could lead to significant financial

exposure and cost. Worst of all, it consumes time - considered the most valuable

asset in running a company.

PB Taxand, focuses on creative solutions aimed at reducing our clients' tax exposure

as well as taking care of other complex financial matters - effective and efficient

solutions that save a lot of time - time which can be used to focus on our clients’

most significant concern: the company's business performance. Our team, with

in-depth experience in finance and taxation, is oriented to provide the best solutions

to our clients’ problems - solutions that best serve our clients' interests.

Tax Compliance Services10

Personal Tax Assistance (PTA) Services

When it comes to personal tax and financial matters, sometimes we need a

second opinion and assistance. PB Taxand offers our Personal Tax Assistance

(PTA) Service dedicated for high network individuals, business owners,

commissioners, and BOD members. Our service includes tax planning and

consultation, preparation, completion of individual income tax returns (Form

1770/S) and monthly individual tax compliance administration. We also assist

in the preparation and representation of individuals facing tax controversies such

as verification, tax objection, as well as tax appeal.

Most of the time, people take good care of their ventures and put their personal

administration on second priority. We believe it is time to bring personal

administration to first priority. Due to the recent intensive amendments in the tax

regulations in Indonesia, we design our PTA Service to ensure that your

personal tax matters are taken care of.

Tax Seminars (In-House & Public)

Keeping up with constantly evolving tax laws and regulations is more complex than people

ever believed, especially with limited resources and little understanding of how the tax

system works. Finding your way around the new regulations affecting individual and

corporate tax as well as financial decisions is critical in managing your business and

investment efficiently. Through regular tax seminars, PB Taxand will guide you through the

maze with continuous updates on the current tax regulations and tax issues. We are able

to design a customized in-house training program to respond to your needs and to

accommodate your specific requirements and expectations.

Monthly Corporate Tax Compliance

Filing monthly tax returns can be a tricky business. We make it easier for clients by

providing the necessary tools to shorten monthly and/or routine tax documents

processing. We educate and empower our clients’ in-house accounting team to

prepare accurate and timely reports. Once the standards and procedures are

established, we continue to supervise and review monthly compliance documents to

guarantee consistency.

With a significant occurrence of cross border transactions, the importance of

transfer pricing rule has captured the tax authority’s attention. In Indonesia, domestic

transactions between associate enterprises are subject to transfer pricing rule as

well. In order to ensure that the enterprises carry out their related party transactions

in accordance to the Indonesian tax regulations and transfer pricing guidelines,

the Indonesian tax authority requires transfer pricing documentation for each

intercompany transaction.

It is increasingly important for enterprises to pay particular attention in their corporate

behavior and how enterprises determine the pricing of their products or services to

their associates in accordance with the arm’s length principle.

PB Taxand has years of experiences in handling tax audit, tax objection and litigation

including transfer pricing. As transfer pricing issues get more complex, PB Taxand

created a special Transfer Pricing Team which works together with our corporate tax

division in handling transfer pricing cases.

PB Taxand’s Transfer Pricing Team is supported by the network of Taxand experts

located in more than 50 countries, as well as global support resources which include

transfer pricing databases, trainings and all other resources.

Transfer Pricing Services 13

12 Crucial components, managed with ease

The complex made simple

Advance Pricing Agreement

We assist in the process of unilateral and bilateral Advance Pricing Agreements with

tax authorities, starting from the preparation of supporting documents to obtaining

approval from tax authorities.

Group Structuring

We provide strategic advices on the group structure as well as assistance in

conducting the business structuring review, especially on the related party

transactions, in accordance with the Indonesian tax regulations and Transfer

Pricing guidelines.

Tax Disputes Resolutions

We assist in explaining the Transfer Pricing Documentation for the purpose of tax

audits, objections, and appeals.

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Transfer Pricing Services14

We assist in the preparation of integrated Transfer Pricing Documentation to

establish compliance with the requirements of the Indonesian tax authority and in

accordance with the OECD Transfer Pricing Guidelines to create a credible

Transfer Pricing Documentation.

Transfer Pricing Documentation

16 Building on Success

Our goals remain consistent – to provide our clients with the finest tax advisory,

tax compliance and transfer pricing services, and to meet the needs and

maintain the trust of our clients.

We are single-minded in our pursuit of excellence, and our satisfaction comes

from sharing in the business success that we help our clients achieve.