ANNOUNCEMENT 22 Apr 2016In April 2016, the government of Indonesia announced a targeted tax change.
NUMBER OF INTERVENTIONS
Government regulation 9/2016 (in Bahasa Indonesia)
On 22 April 2016, the Indonesian government announced regulation 9/2016.
The regulation updates the list of sectors eligible for the investment-related income tax reductions (cf. Related Measures). The sectors leather and leather products were added to the list. Also, the state aid for the footwear industry was expanded to the whole country - previously only for Java. Furthermore, the iron sand industry (for new entities and smelters) was added but only for the provinces in Java.
The regulation came into force on 7 May 2016.