Indonesia: Government established the income tax facility for certain domestic businesses having investements in the beef meat and beef cattle breeding industries

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Description

On 18 October 2024, the Minister of Agriculture of Indonesia issued Regulation No.11/2024, establishing the income tax facility for domestic businesses having investments of at least IDR 10 billion (U...

Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Oct 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

Eligible firms

all

Affected Trading Partners

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Affected Sectors

Affected Products

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