New Regulation Applies Final Income Tax to Mineral and Coal Sales
To increase state revenue from the mining sector, the Government of Indonesia has imposed a new final income tax on any sale of mineral and coal, adding to the burden on the Indonesian mining industry. The new income tax, i.e. Article 22 Income Tax, is regulated under Minister of Finance (MOF) Regulation No. 107/PMK.010/2015 regarding … New Regulation Applies Final Income Tax to Mineral and Coal Sales