Just want to clarify: "Capital gain may become object of income tax", what Indonesian tax regulation state that ?
thanks
In Indonesia, Capital Gain is a general definition. Different object that obtain capital gain will have different tax rate or not object at all.
The basic rule come from Tax Law No.38/2008 article 4 and more explanation in PP No.94/2010
For example
* capital gain from investment in stock market (BEI), the tax rate is 0.1% from sales of investment and final (no cost deduction) PP No.14/1997
* capital gain from investment in Mutual Funds (Reksadana), not a object from income tax
* capital gain from investment in foreign currency are object to article 17
ect...
So case by case