Pandemic Pushes Gov't to Collect Zoom, Netflix Taxes Earlier Than Planned

... . Indonesia will start collecting tax from digital services, including ... economic slowdown. Initially, the tax collection was made part ... . "We included the tax on electronic transactions in ... the previous tax code, Indonesia can only tax companies that ...

Stimulus Aimed at Avoiding Recession as Covid-19 Hits Informal Sector Hard

... healthcare spending, social safety net, tax breaks and debt restructuring for ...

Indonesia Drops 3% Budget Deficit Cap for $25b Covid-19 Stimulus

... on healthcare, social safety net, tax breaks and restructuring business loans ... trillion to pay for various tax breaks and postponement of principal ...

Customs Waives Excise on Ethyl Alcohol, Main Ingredient for Hand Sanitizer

... provide technical guidance on the tax exemption and speed up services ...

Stock Market Hits Third Circuit Breaker as Covid-19 Worries Worsen

... yield on government bonds, after-tax," Farash said. The Indonesia Stock ...

Gov't Says $1.6b Income Tax Breaks Available Only in Manufacturing Sector

... . The government estimated the tax breaks would cost a total ... export purposes (KITE) facility. "The [tax breaks] will be given for ... ," Sri Mulyani said. "The tax breaks should allow workers in ... the requirements for value-added tax (PPN) restitutions in the ...

Gov't to Waive Income Taxes for Six Months to Prop Up Economy Amid Covid-19 Outbreak

... will grant a six-month tax break for employees, manufacturers, and ... PPh 21. The ministry's tax office would waive the income ... tax paid monthly (PPh 25) by ... , the government would expedite any tax restitution process, to ensure that ...

Indonesia's Automotive Industry Won't Hit the Brakes Anytime Soon

... of local components and tax incentives. The presidential regulation ... stakeholders. The incentives include tax deductions, financing for research ... on luxury goods sales tax to attract consumers to ... taking advantage of special tax incentives offered by the ...

Indonesia to Spend $744m to Woo Tourists Scared Off by Coronavirus

... trillion ($744 million) in subsidies, tax cuts and accelerated cash-transfer ... the initial plan. Influencers, Discounts, Tax Cuts The government will also ... .3 trillion to foot the tax bills, Airlangga said. Airlines flying ...

Apartment Sector Reaches Broader Market With New Regulations and Political Stability

... issued an exemption on luxury tax increment for residential properties valued ...