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Indonesia Provides Additional Tax Incentives and Relief for COVID-19

30 June 2020

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Approved Changes

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Indonesia

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 disinfectants; donations or contributions in money or in kind in the context of COVID-19 are deductible from gross income, including donations to the National Disaster Management Agency, the Regional Disaster Management Agency, the Ministry of Health, the Ministry of Social Affairs, and other institutions...