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Indonesia: Land tax holiday on certain industries revoked

Description

On 20 August 2015, the Indonesian Finance Ministry announced regulation 161/PMK.010/2015, revoking a 1990 decision, 748/KMK.04/1990, which introduced a 50% reduction of the land and construction tax ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Aug 2015

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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