The Indonesia Government
through the Minister of Finance Agus Martowardojo asserted that the
administration of tax holiday facilities at most ten years. After that, employers
can apply for a reduction in income tax gain of fifty per cent of the amount owed, but only two tax
years. As provided in the Minister of Finance on the Granting No.130/PMK.011/2011
Facilities Exemption or Reduction of Corporate Income Tax. Income Tax Provisions
entity referred to in Article 18 paragraph (5) of Law No.25 of 2007 on
Investment and Article 29 of Government Regulation (PP) 94 of 2010 on Calculation
of Taxable Income and Tax Redemption in the Current Year.
Tax holiday given
to companies engaged in manufacturing basic metals and petroleum refining industry
and basic organic chemicals derived from petroleum and natural gas. Then, the industrial
area of renewable natural resources, industrial machinery, telecommunications
equipment and industrial.