Expertise: Government

Indonesia Targets Taxation of Tech Companies to Boost Economy Amid Covid-19

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Indonesia is set to tax tech companies that may or may not have a legal presence in the country, as electronic transactions and the use of streaming services and online telecom apps have increased notably during the COVID-19 pandemic. The legal basis for this measure is the recently enacted emergency bill Government Regulation in Lieu … Indonesia Targets Taxation of Tech Companies to Boost Economy Amid Covid-19

Indonesian Investment Stimulus – DNI Revision, New Business Sectors Opened to Foreign Capital

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In an effort to stimulate investment in Indonesia, the government announced on Friday, November 16, 2018, that it had launched the 16th Economic Policy Package, with the primary objective of relaxing investment-related regulations. There are three key points to this latest economic package: (i) the revision of the Negative Investment List (Daftar Negatif Investasi or … Indonesian Investment Stimulus – DNI Revision, New Business Sectors Opened to Foreign Capital