Indonesian Listed Companies to Pay Lowest Tax Rate in Southeast Asia

... than Singapore's corporate income tax rate, the Finance Ministry ... offers the lowest corporate income tax rate in Southeast Asia. ... exchange — can enjoy the tax cut. Also, those companies ... "According to several companies, the incentives are good that it allows ...

Your Covid-19 Donations Now Tax Deductible

... The government has granted tax cuts and incentives to individuals or companies ... regulation about the Income Tax Facilities Regarding the Covid ... contributions from their income tax bill, Hestu said. Third ... their salary or honorarium tax-free. Also, taxpayers ...

Stimulus Spending Faces Delays as Indonesia Braces for Q2 Contraction

... the main obstacle in delivering incentives to health workers or compensating ... 's Rp 120.6 trillion tax incentives. Sri Mulyani said only 6 ... of the budget for the tax incentives has been spent. Sri Mulyani ...

No Comment, Just Yet: Indonesia Silent on Trump's Plan to Fight Netflix Tax

... begun investigating digital service tax proposals from the European ... of Preferences scheme – trade incentives the US gives to developing ... said the digital services tax is unfairly targeting US ... trading partners are adopting tax schemes designed to unfairly ...

What About Us?: Indonesia's Private Employers Demand More Stimulus

... social safety net and business incentives during the pandemic. Gita Wirjawan ... third of Indonesia's annual tax revenue. Gita said the growth ... for the government's various tax cuts, they would be meaningless ... . "We need more than tax cuts. We also need subsidies ...

Indonesia Eyes Biggest Deficit in Three Decades as the Country Sets to Cut Corporate Income Tax

... The additional spending includes incentives for small and medium ... government also provides various tax incentives for SMEs and business ... to finalize it. Tax Incentives for Business Under the ... the government also expanded tax incentives so that more businesses ...

Ombudsman Launches Covid-19 Online Complaint Center

... safety net program, economic stimulus, tax incentives and economic recovery program. It ...

Indonesia Extends Tax Breaks to Include All Sectors

... month, the government issued tax breaks for 19 subsectors in ... have asked for similar incentives to help them cope ... Sri Mulyani said. The tax breaks include leeways for individual ... Indonesian companies usually deduct the tax from employees' monthly salary ...

Blow to the Budget: Gov't Expects Deficit as Covid-19 Stimulus Erodes Revenue

... for Economic Affairs. The tax revenue would suffer, Sri ... the government now expects smaller tax collection from these businesses. ... to cut or suspend tax and duty payments in ... spending, social assistance and business incentives. The minister said the ...

Rights Activists Slam Corporate-Friendly Regulation on Pandemic Mitigation

... points of the Perppu are tax incentives for corporations and short-term ...