The government of Indonesia has been consistently trying to improve the economy by promoting local and foreign investment in Indonesia.
As part of that effort, the government provided corporate income tax reduction facilities to investors through the issuance of Minister of Finance Regulation No. 159 (2015) as amended by Minister of Finance Regulation No. 103 (2016).
So far, unfortunately, the government has not seen the desired result from the provision of the corporate income tax reduction facilities. Therefore, to further attract potential investors, the minister of finance recently issued Minister of Finance Regulation No. 35 (2018) on Corporate Income Tax Reduction Facility, which came into force on 4 April 2018.
This regulation is the basis for the government to grant more attractive corporate income tax reduction facilities for taxpayers in certain industries.
You must be a
subscribersubscribersubscribersubscriber
to read this content, please
subscribesubscribesubscribesubscribe
today.
For group subscribers, please click here to access.
Interested in group subscription? Please contact us.
你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章，欢迎成为我们的订阅会员成为我们的订阅会员。
Business Law Digest is compiled with the assistance of Baker McKenzie. Readers should not act on this information without seeking professional legal advice. You can contact Baker McKenzie by emailing Danian Zhang at danian.zhang@bakermckenzie.com.
