Indonesia has published Regulation No. 153/PMK.010/2020, which provides implementing rules in relation to the super deduction for R&D costs introduced by Government Regulation No. 45 of 2019. Under Regulation No. 45 a deduction up to 300% is provided for costs incurred for eligible R&D activities carried out in Indonesia, including activities carried out for the production of inventions/innovations, to master new technologies, and/or for the transfer of technology to develop/increase the competitiveness of national industries. Regulation No. 153/PMK.010/2020 clarifies the application of the 300% deduction, including that a 100% deduction may be taken for the R&D costs incurred in the...