Indonesia has published Government Regulation No. 78 of 2019, which came into force on 13 December 2019 and replaces Government Regulation No. 18 of 2015 on tax incentives for investments in certain business sectors and regions. The incentives provided in Government Regulation No. 78 include: A 30% deduction from net income based on the value of qualifying investments in tangible fixed assets including land used for the main business activities, which is provided over six years (5% per year); Accelerated depreciation of tangible fixed assets and accelerated amortization of intangible assets obtained in the context of qualifying investment A 10%...