JAKARTA (Yosefardi) – Government of Indonesia has set 52 business segments and 43 business segments outside Java to be granted tax incentives (tax allowances) with minimum investment of Rp50 billion and minimum 50 workers employed.
This tax allowances is set on Trade Ministry Regulation No 48/2015, supporting the Government Regulation No 18/2015 concerning income tax facility for capital investment.
The business segments set to get tax allowances are such as foods, garments, products from coal and oil refinery, pharmaceutical industry, chemical medicine products and traditional medicines, automotive industry, trailer, and semi trailer.
Foods industry set to get tax allowances operate across the country, excluding Jakarta. Leather and pedestal industry also get tax allowances, excluding provinces in Java island, with minimum 100 employed workers .
Paper and paper goods industry set to get tax allowances operate across the country, excluding Java island, with minimum investment of Rp2 trillion and 200 workers employed.
And salt for industry operating in East Nusa Tenggara (NTT) will get tax allowances.