Indonesia reviews tax incentives to protect government revenue
Jakarta, June 29 -- The Indonesian government is reviewing tax incentives in special economic zones (SEZs) to align with the global minimum tax regime, thereby preventing revenue losses while maintaining the country's attractiveness to foreign investors. Susiwijono Moegiaharso, Secretary of the Indonesian Coordinating Ministry for Economic Affairs, said the review comes after Indonesia implemented the global minimum tax regime in 2025. Under the new regulations, multinational corporations with annual gross revenue of more than 750 million EUR (855.01 million USD) will be subject to a minimum corporate income tax rate of 15%, regardless of where they operate. Indonesia currently imposes a corporate income tax rate of 22% and has offered tax ...
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