Tax Incentives In Relation To The Covid-19 Pandemic
Tax Incentives In Relation To The Covid-19 Pandemic
This edition of our Tax News Flash highlights two regulations issued by the government in relation to the COVID-19 pandemic:
- PERPPU-1 confirms the new reduced tax rates for corporate taxpayers, establishes taxation of e-commerce transactions and provides extended deadlines for tax documents which falls due within the force majeure period; and
- PMK-23 provides tax incentives for taxpayers in certain industries which are impacted by the coronavirus.
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