Tax Allowance Incentive Favorably Used by Investors

Publication / Press Release / November 2020
Jakarta, 2 November 2020 - Since the Tax Allowance investment incentive application through the Online Single Submission (OSS) system became effective starting 11 August 2020, the Indonesia Investment Coordinating Board (BKPM) noted that there have been 13 applications from companies. In accumulation, the total number of companies applied for Tax Allowance from 1 January to 1 November 2020 has reached 26 applications. Compared with 2019, this value has doubled from last year, where a total of 13 companies were submitted.