Indonesia has published Minister of Finance (MoF) Regulation No. 72 of 2023, which was issued on 13 July 2023 to provide more legal certainty, fairness, and convenience in calculating depreciation of tangible assets and/or amortization of intangible assets for tax purposes considering the amendments introduced by Government Regulation No. 55 of 2022. As previously reported, Government Regulation No. 55 of 2022 introduced, among other things, the rule that if a permanent building has a useful life of more than 20 years, then the depreciation can be carried out in equal parts: Over a 20-year period (standard rule); or According to...