Fiscal Incentives for Electric Vehicles and Fiscal Policy Plan for the Year of 2020

This newsletter discusses some of the latest regulations and policies on fiscal aspects in Indonesia. The government itself has delivered the targets of tax revenue for 2020 through the Budget Statement Speech before the House of Representatives on 16 August 2019. In addition, there is a new provision regarding the effort to accelerate electric vehicle industry. This edition also discusses the provision of KITE facilities for SMEs, latest Anti-Dumping Import Duty (BMAD) regulation as well as the tightened fiscal facilities for coal mining companies in the framework of import.

Contents

• KITE Facilities for SMEs
• Fiscal Incentives for Battery Electric Vehicles
• The Latest Anti-Dumping Import Duty Provisions
• Fiscal Policy Plan for the Year of 2020
• Tightened Regulation of Fiscal Facilities for Coal Importer