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Indonesia: Government provided several tax incentives to help the development of the new capital of Indonesia

Description

On 6 March 2023, the government of Indonesia issued Government Regulation No.12/2023, exempting corporate income tax from local financial companies that invest or provide financing for the development...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

06 Mar 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

location-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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