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Indonesia: Tax exemptions for geothermal exploration projects

Description

According to the regulation, geothermal projects which are still at the stage of exploration may benefit from a 100% reduction from the land and building tax starting the fiscal year 2017.

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2017

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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