From 1 January 2007, by virtue of Government Decree No. 1/2007, the Indonesian government has granted tax incentives to 24 industries provided the conditions stated below are satisfied. The incentives are provided to both domestic and foreign parties, either for new investments or expansion of existing investments. he industries consist of: -   15 general industries, e.g. pulp and paper board, chemical, pharmaceutical and rubber; and -   9 industries in specific areas, e.g. furniture (outside Java Island) and processed food and cement (Papua). The incentives include: -   a notional deduction from net profits of 30% of the total...