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Indonesia Extends COVID-19 Relief Measures to Additional Sectors

|Approved Changes|Indonesia
Indonesia

Indonesia's Ministry of Finance has issued Regulation No. 44/PMK.03/2020, which extends the scope of sectors eligible for the COVID-19 relief measures introduced primarily for the manufacturing sector in April 2020. This includes:

  • an employee income tax exemption for employees with income of less than IDR 200 million;
  • a 30% reduction in monthly corporate tax payments;
  • an import tax exemption;…

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