- The Indonesian Government has finally introduced a number of super-deduction tax incentives for businesses and industrial companies which engage in any vocational or research-related activities. Such incentives are incorporated under the newly-issued Regulation of Government No. 45 of 2019 on the Amendment to Regulation of Government No. 94 of 2010 on Calculations of Taxable Income and Settlements of Current Year Income Tax (“Amendment”).
- The Amendment specifically addresses gross income deductions of up to 200% in relation to any domestic taxpayer expenses which are incurred during the organization of human resource development activities, namely work experiences, training sessions and/or workplace learning. In addition, domestic taxpayers may also be eligible to enjoy import-duty and value-added-tax exemptions in relation to imports of equipment and machinery which are needed for the organization of workplace learning and training sessions.
- Domestic taxpayers who engage in certain kinds of research and development activities within Indonesia may be eligible to enjoy gross income deductions of up to 300% in relation to any research and development expenses which are incurred during certain time periods. However, these super-deduction incentives will only be available to research and development initiatives which ultimately lead to inventions, innovations, the acquisition of new technologies and/or transfers of knowledge for the purpose of industrial development.
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