Issued on 13 March 2020 to dampen #COVID19 impact, the fiscal #incentives are primarily for the manu...


Issued on 13 March 2020 to dampen #COVID19 impact, the fiscal #incentives are primarily for the manufacturing sector include a reduction in corporate & personal income #tax & a relaxation of VAT refunds. Today, Minister of Finance @kemenkeuri regulation no. 23/PMK.03/2020 is effective as the legal foundation of the tax #stimulus.

The non-fiscal incentives aim to ease import & export activities, include the acceleration of the National Logistic Ecosystem.

Learn more detailed on the incentives compiled by @ey_global Indonesia through our Twitter post. Thanks to the #Indonesia Desk at EY in New York for the information.
#StaySafe #StayHealthy

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