Indonesia Provides Additional Tax Incentives and Relief for COVID-19
Indonesia has published Regulation No. 29 of 10 June 2020, which provides certain tax incentives and relief in relation to COVID-19. The measures of the regulation include:
- an additional 30% deduction of costs incurred by taxpayers engaged in the production of healthcare equipment, including personal protective equipment, ventilators, reagents for COVID-19 testing, and hand sanitizer and disi…