Tax Incentives for Vaccine Imports and New Regulation on the Implementation of Tax Collection

DDTC Newsletter Vol.04 | No.11

11 December 2020

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This edition of the newsletter reviews new provisions on tax incentives for vaccine imports. The facilities are provided to accelerate the provision of fiscal facilities for the import of goods required for vaccine procurement and vaccination. A new regulation on the implementation of tax collection to provide legal certainty and simplify statutory provisions is also discussed.

On another note, this edition also outlines regulations issued within the last two weeks, among others, changes in the organization and work procedures of the vertical institutions of the DGT and DGCE, the provisions on the interest rates for administrative penalties and compensation for the periods of November and December 2020, and changes in the tariff for palm oil export services.

Contents

• Tax Incentives for Vaccine Imports
• New Provisions on the Implementation of Tax Collection
• Changes in the Organization and Work Procedures of the DGCE’s Vertical Agencies
• Reorganization of the Work Procedures and Organization of the DGT’s Vertical Agencies
• Provisions on the Administrative Penalties and Compensation Interest Rates for the November 2020 Period
• Provisions on Administrative Penalties and Compensation Interest Rates for the December 2020 Period
• Changes in Tariffs for Oil Palm Export Services

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