​List of Tax Incentives Given to Government Industrial Estates to Prevent Corona Effects (Part 1)

In order to reduce the economic burden of taxpayers due to the Covid-19 outbreak, the government through the Ministry of Finance (Ministry of Finance) has increased the number of business sectors that can receive tax facilities. In addition, the government also provides new facilities aimed at micro, small and medium enterprises (MSMEs).

The MSME tax facilities and facilities are as follows:

1. Income Income Tax Article 21

Employees at companies engaged in one of the 1,062 specific industrial fields, at companies that obtain import facilities for export purposes (KITE), and at companies in bonded zones can obtain income tax facilities borne by the government.

2. Income Tax Article 22 Import

Taxpayers engaged in one of 431 specific industrial fields, in KITE companies, and in companies in bonded zones receive exemption from importation of Article 22 income tax.

3. Income installment Incentives Article 25

Taxpayers engaged in one of 846 specific industrial fields, KITE companies, and companies in bonded zones receive a reduction in article 25 income tax installments by 30% of installments that should be owed.