Global Trade Alert
Global Trade Alert

Indonesia: Tax incentives for interest income from Indonesian savings and deposit accounts

Announcement

31 Dec 2018

On 31 December 2018, the Indonesian Ministry of Finance issued regulation 212/PMK.03/2018 introducing tax incentives for interest income from Indonesian savings and deposit accounts.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

31 Dec 2018

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

Regulation 212/2018 by the Indonesian Ministry of Finance introduces tax incentives for interest accumulated from deposits and savings as well as Bank Indonesia Certificates. This apparently personal ...

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