Procedures for Payments of Fixed Contributions, Production Contributions/Royalties and DHPB Updated

The Minister of Energy and Mineral Resources (“Minister”) recently issued Decree No. 18.K/HK.02/MEM.B/2022 (“Decree 18/2022”), which contains an updated set of guidelines on the following areas:[1]

1. Payments of non-tax state revenue (penerimaan negara bukan pajak – “PNBP”) in the following forms: a) Fixed contributions; b) Production contributions/royalties; and c) Funds that result from the production of coal (dana hasil produksi batubara – “DHPB”); and
2. Formulas for the calculation of adjustment costs in relation to mineral and coal mining business activities.