double-skinned crabsVietnamese crab exportergood crabexellent crab

SEARCH

Search result with “Tax Incentives” as a keyword founded 248 news.

VAT Expansion in Indonesia Targets Premium Goods, Critics Warn of Economic Strain

... raise Indonesia’s Value-Added Tax (VAT) rate to 12 ... goods subject to the tax. Andri explained that essential ... intensive industries will receive wage tax incentives, financing assistance, and ... will also introduce VAT incentives for electric and hybrid ...
Business Dec 17, 2024 | 5:17 pm

Indonesia Rolls Out $51.65 Billion Stimulus Package for 2025 to Offset VAT Increase

... , will go toward VAT incentives that benefit a range of ... the government will offer tax incentives for electric and hybrid ... hybrid cars will receive substantial tax breaks, including a 3 percent ... the government will provide tax exemptions, financing support, ...
Business Dec 16, 2024 | 6:26 pm

From Premium Beef to Elite Schools: 12 Pct VAT to Apply to Luxury Goods

... upcoming 12 percent value-added tax or VAT would apply to ... was part of the government's tax reforms to ensure fairness and ... to roll out the VAT incentives for the entirety of 2025 ...
Business Dec 16, 2024 | 4:33 pm

Hybrid Cars in Indonesia to Get 3 Pct Luxury Tax Incentive 

... policy packages, including incentives for electric vehicles (EVs). Tax incentives for electric-powered ... cover 3 percent of the [luxury] tax burden for hybrid vehicles,” Airlangga ... -wheelers are already enjoying luxury tax incentives. At present, electric cars ...
Business Dec 16, 2024 | 2:33 pm

Indonesia to Unveil New Economic Policy Package, Including VAT Overhaul, on Monday

... come in a package, including incentives. Wait for Monday," Airlangga ... to include fiscal incentives, such as tax relief for micro, ... details, he hinted at incentives for small businesses. "There ... are incentives for MSMEs too. Just ...
Business Dec 14, 2024 | 11:01 am

Gov't Prepares Incentives to Cushion Businesses from Impacts of Minimum Wage Increase

... Indonesian government is designing various incentives and stimulus measures to ... various forms of support, incentives, or stimulus that the ... the luxury goods tax and the value-added tax borne by ... also striving to provide incentives for other types of ...
Business Dec 5, 2024 | 1:28 pm

B-Universe Pushes for Incentives to Reward Top ESG Performers

... in ESG practices, perhaps through tax incentives. “I believe B-Universe should ... rewards, such as tax reductions for companies excelling ... backed rewards, such as tax breaks, would further ... should be given incentives, such as tax reductions for outstanding ...
Business Nov 26, 2024 | 12:24 pm

Understanding the Rationale Behind the Government's Plan to Raise VAT to 12%

... to raise the Value-Added Tax (VAT) rate to 12 ... measures is the Harmonization of Tax Regulations Law (UU HPP), which ... are also exempted from income tax. To mitigate the VAT impact ... from VAT, while government-covered tax incentives will apply to house and ...
Business Nov 21, 2024 | 10:52 am

How A Second Trump Presidency Will Impact Indonesian Economy

... term, he introduced tax cuts and regulatory incentives designed to encourage US ... goods. Concerns exist that Trump’s tax policies could lead to a decline ...
Opinion Nov 18, 2024 | 1:59 am

Prabowo Promises APEC Investors More Incentives, SEZs

... tax deductions to easier permits. “We are going forward with more incentives ... stability, security, good conditions, favorable incentives,” Prabowo said. Indonesia today has ...
Business Nov 15, 2024 | 4:57 pm

How A Second Trump Presidency Will Impact ASEAN Economy

... term, he implemented tax cuts and regulatory incentives to encourage American companies ... . There are concerns that Trump’s tax policies could further discourage US ...
Opinion Nov 14, 2024 | 5:25 pm

Indonesia to Revise Export Rules, Encouraging Longer Fund Retention Domestically

... and six months—each with tax incentives. For a one-month period ... , exporters receive a tax discount on deposit interest from ... six-month retention, the interest tax is 2.5 percent, with ... policies. “With more attractive incentives, exporters will be more ...
Business Nov 4, 2024 | 9:30 pm

Indonesian Lawmaker Calls Apple’s Tax Holiday Demand “Absurd,” Supports iPhone 16 Ban

... for allegedly requesting a 50-year tax holiday and expressed his support ... is asking for a 50-year tax holiday. This is absurd. They ... unwilling to invest without major incentives. “The people of Indonesia are ...
Tech Nov 4, 2024 | 4:00 pm

Government Mulls Renewing EV and Housing Incentives to Support Middle Class

... is weighing the reintroduction of tax incentives for purchasing electric vehicles and ... Hartarto announced on Sunday. These incentives were initially introduced during the ... for the reimplementation of these incentives,” Airlangga said during an event ...
Business Nov 4, 2024 | 9:54 am

Indonesia Forms Task Force to Lower Airfares Ahead of Christmas

... on parts, and value-added tax (VAT). In response, the government ... various measures, including duty exemptions, tax incentives, and a revised tariff structure for ...
Lifestyle Oct 30, 2024 | 2:47 pm

Jokowi’s Special Economic Zones Turn Out to Be Giant Job Makers

... a suite of incentives -- ranging from easier permits to corporate income tax deduction ...
Business Oct 18, 2024 | 8:08 pm

SEZs Become Indonesia’s New Economic Boosters

... government also grants incentives such as corporate income tax deductions and easier ... come from China. The various incentives have also wooed many investors ...
Business Oct 16, 2024 | 8:26 pm

Declining Middle Class Contributes to Indonesia's Deflation, Experts Say

... office. Suggested measures include providing incentives and organizing market operations to ... middle class, Indonesia’s already narrow tax ratio faces further constraints. “Smaller ... from taxes. However, a shrinking tax base complicates this,” he explained ...
Business Oct 7, 2024 | 4:07 pm

Developing ASEAN’s Semiconductor Industry: Insights from Taiwan and South Korea

... The South Korean government provided tax incentives and developed infrastructure to bolster ... have recognised this by offering incentives to attract semiconductor investments. However ... important to ensure that these incentives are focused on providing ...
Opinion Sep 26, 2024 | 1:47 pm

Government Officially Extends Tax-Free Home Purchases Until December 2024

... Initially, the 100 percent tax discount was scheduled to last ... regulation covers additional VAT incentives for house and apartment ... 2024 fiscal year. “This tax incentive, endorsed by the ... recent meeting, provides value-added tax (VAT) relief specifically for ...
Business Sep 20, 2024 | 5:19 pm
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED