PPh Tariff Reduction for Publicly-Traded Companies Revised

In accordance with the mandate set out under Regulation of Government in Lieu of Law No. 1 of 2020 (“Regulation 1/2020”),[1] the Indonesian Government recently issued Regulation of the Government No. 30 of 2020 on Income-Tax Tariff Reductions for Domestic Corporate Taxpayers in the Form of Publicly-Traded Companies (“Regulation 30/2020”), which elaborates upon the provisions that specifically address this reduction under the framework of Regulation 1/2020. The provisions in question encompass the following areas: