BM DTP incentives may be granted in relation to imports of goods and services which satisfy one of the following requirements by certain industrial sectors: 1) Goods and materials are not produced domestically; 2) Goods and materials are produced domestically but do not meet the required specifications; or 3) Goods and materials are produced domestically but in amounts that are deemed insufficient to meet the relevant industrial requirements

Preferential tariffs based on the ASEAN Trade in Goods Agreement (ATIGA) may be imposed upon certain imports and releases of goods, which now include releases of goods from Exclusive Economic Zones (Kawasan Ekonomi Ekslusif/KEK) to Other Areas Within Customs Areas (Tempat Lain dalam Daerah Pabean/TLDDP) provided that the imposition of preferential tariffs has been approved during the entry of the goods into said zones

Incentives in the form of a 50% reduction in the installment amount for Article-25 PPh can be enjoyed by taxpayers that satisfy the following criteria: 1) Must have secured a Business Sector Classification (KLU) code; 2) Must have been determined as a KITE company; and 3) Must have secured a Bonded-Zone Operators License, Bonded-Zone Entrepreneurs License or Bonded-Zone Operator and Entrepreneurs (PDKB) license

For the 2020 tax year, publicly-traded companies may enjoy a PPh reduction under the following conditions: 1) For the early 2020 until 1 September 2020 period: must trade at least 40% of total shares, shares must be owned by 300 parties and ownership by individual shareholders must amount to less than 5% of the total issued shares; and 2) For 1 September 2020 until the end of the 2020 tax year: shares must be owned by at least 300 parties and ownership by individual shareholders must amount to less than 5% of total issued shares, not including repurchases of shares by publicly-traded companies and/or shareholders which have a special relationship with publicly-traded companies

New accounting and financial reporting guidelines established for the following: 1) State-owned properties (barang milik negara - "BMN") originating from cooperation-contract contractors (BMN Hulu Migas); and 2) BMN originating from cooperation-contract contractors whose contracts have expired ("BMN Ex-Termination") and which were not part of the accounting and financial reporting objects addressed under the previous regulation

Stamp duty of a nominal value of IDR 10,000 must be affixed to: 1) Documents which are used as evidence in court; and 2) Documents which are used in order to elaborate upon civil-related events, including: a) Agreements, statement letters or similar as well as their copies; b) Notarial deeds, as well as their grosse and copies; c) Deeds that are drawn-up by land-deed officials and their copies d) Securities under any name and in any form; e) Securities transaction documents, including transaction documents for futures contracts; f) Auction documents; and g) Documents stating sums of money in nominal values which exceed IDR 5 million and which address the receipt of money or which contain acknowledgement on full or partial payments or calculations of loans

Adds liquified natural gas (LNG) and fish fillets and other fish meat as one of the "certain taxable goods" which are categorized as strategic in nature and for which imports and/or transfers are exempted from the imposition of PPN

Taxpayers deemed eligible to enjoy 0.5% fixed PPh rate must receive or obtain income through gross distributions that do not exceed IDR 4.8 billion during a given single fiscal year and can take either of the following forms: 1) Individual taxpayers; and 2) Corporate taxpayers, including commanditaire vennootschap, limited-liability companies and cooperatives.

Objection letters can be submitted via electronic means (e-filing) in the form of electronic documents and must be signed by taxpayers through the use of electronic signatures which involve the utilization of electronic certificates.

The Amendment introduces new obligations for carriers who must now connect their systems into the National Logistic Ecosystem ("NLE") and must also provide electronic services for the delivery of goods (i.e. Delivery Order Online) within 90 days of the NLE and Delivery Order Online commencing operations