Indonesia: Tax incentive scheme to be expanded to cover more sectors
2019.12.24
The government will expand its tax incentive program to cover more business sectors as part of its efforts to attract investment.
Government Regulation No. 78/2019, which has been signed by President Joko “Jokowi” Widodo and will come into effect on Dec. 13, will increase the number of sectors in which businesses are eligible to apply for the tax allowance scheme from 145 to 183, including 17 sectors located in certain areas of the country.
The government will expand its tax incentive program to cover more business sectors as part of its efforts to attract investment.
Government Regulation No. 78/2019, which has been signed by President Joko “Jokowi” Widodo and will come into effect on Dec. 13, will increase the number of sectors in which businesses are eligible to apply for the tax allowance scheme from 145 to 183, including 17 sectors located in certain areas of the country.
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