New Indonesia stimulus starts with expanded tax perks
A wide range of companies investing more than 1 trillion rupiah will get lower taxes for between 5 and 15 years
Fri, Aug 28, 2015 - 5:50 AM
Mr Brodjonegoro says that the tax reductions for industrial investors will be between 10 per cent and 100 per cent.
TWO weeks after a cabinet reshuffle, Indonesian President Joko Widodo's revamped economic team promised a "big" stimulus plan as global market turmoil increases pressure on policy makers. The team's first act: an expansion of past tax holidays.