Ministry of Finance has issued Regulation of Ministry of Finance No. 68/PMK.03/2012 concerning the procedure of tax debt nullification for both individual and corporate taxpayers. Tax debts that could be nullified include tax debt stipulated by a tax collection letter, tax assessment letter, notification of tax due as well as a decision letter for rectification, an objection, appeal and judicial review. Other than the statute of limitations, there are several conditions where tax debt could be forgiven: – for individual taxpayers: – the taxpayer has passed away and leaves neither wealth nor any inheritance; and –   the taxpayer including...