Global Trade Alert
Global Trade Alert

Indonesia: Tax exemptions for geothermal exploration projects

Announcement

14 Nov 2016

On 14 November 2016, the Indonesian Ministry of Finance issued regulation 172/PMK.010/2016 on tax exemptions for geothermal exploration projects.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2017

Revocation date:

No revocation date

Updated: 14 Nov 2016
Tax or social insurance relief In force

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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