Tax Incentives for Taxpayers Affected by COVID-19 Extended until December 2020

In an effort to boost national economic recovery through an extension of the granting of incentive facilities to taxpayers affected by Corona Virus Disease 2019 (“COVID-19”),[1] Indonesia’s Minister of Finance (“Minister”) has issued Regulation No. 86/PMK.03/2020 on Tax Incentives for Taxpayers Affected by the Corona Virus Disease 2019 Pandemic (“Regulation 86/2020”), which has now extended the period for the granting of said incentives until December 2020[2] (previously the granting of said tax incentives only extended until September 2020).[3]