Head of the Finance Ministry's fiscal agency Bambang Brodjonegoro said that the Indonesian government is preparing tax incentives to spur foreign investments. The new regulation will extend the previous expired one and also provides new incentives that make investing in Indonesia more attractive. One possible change concerns the minimum value of investments. Currently, investments between IDR 1 trillion - 20 trillion receive the same benefits. However, this may be revised in such a way that the bigger the investment, the better the incentives.
Update COVID-19 in Indonesia: 1,542,516 confirmed infections, 41,977 deaths (6 April 2021)
6 April 2021 (closed)
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