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COVID-19

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Further Improvement of Tax Incentives for Taxpayers Affected by COVID-19

28 August 2020
Following the release of Minister of Finance (“MoF”) Regulation No. 86/PMK.03/2020 (“PMK-86”) that extended the applicable period and expanded the business sectors that can access the tax incentives previously provided under MoF Regulation No. 44/PMK.03/2020 of 27 April 2020, the MoF has now issued Regulation No. 110/PMK.03/2020 dated 14 August 2020 that:
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Extension & Expansion of Tax Incentives for Taxpayers Affected by COVID-19

13 August 2020
On 16 July 2020, the Minister of Finance (“MoF”) issued Regulation No. 86/PMK.03/2020 (“PMK-86”) that extends the applicable period and expands the business sectors that can access the tax incentives previously provided under MoF Regulation No.
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Tax Aspects of Government Regulation in Lieu of Law No. 1/2020

17 April 2020
The Government of Indonesia has issued a wide-ranging regulation as part of additional steps to support the economy in the face of COVID-19. Government Regulation in Lieu of Law No. 1 Year 2020 (“Perppu-1/2020”) technically is a temporary measure that must then be approved by Parliament (“DPR”) in the next session of DPR otherwise it ceases to have effect.
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Tax Incentives for Taxpayers Affected by COVID-19

1 April 2020
On 23 March, the Minister of Finance issued Regulation No. 23/PMK.03/2020 (“PMK-23/2020”) dated 21 March 2020 to assist taxpayers that are being affected by the impacts of COVID-19. The issuance of PMK-23/2020 is intended to support economic stability, purchasing power, and productivity of certain sectors.
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