31 Aug

Hatta: Incentive Taxation is possible


Coordinating Minister Hatta Rajasa said, tax incentives are more likely to be given and invite investors into Indonesia, but not in the form of tax holiday.
I do not want to say it’s called tax holiday, but tax incentives, it is possible to give.
- Hatta Rajasa

According to Hatta, when found in the Office of Coordinating Minister for Economic Affairs, Jakarta, Monday (6/14/2010), the application of tax holiday can not just be done, because in a tax bill does not recognize the term tax holiday.

“I do not want to say it’s called tax holiday, but tax incentives, it is possible to give, there’ll be a team that will discuss,” he said.

Hatta expressed about the team of the Coordinating Ministry for Economic Affairs, Ministry of Finance, Ministry of Industry, Ministry of Trade, and Investment Coordinating Board (BKPM) to discuss the incentive scheme will be given to investors.

“Look, about the tax holiday, we can not apply it just like that and also, obviously there are teams who will discuss if there is demand fiscal incentives. What shapes tax holiday, depending on what the investment is given, how much, what is the impact on employment, and so on. So we adopt the level, Indonesia is implementing tax holiday for all investments, not so, “he said.

She expects these investments are not just funding but also able to create new jobs. “We’ll see what kind of, because we also want to not only invest but we also want to open a profuse employment,” he said.

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