2022 State Budget: Fiscal Policy and Structural Reform
Fiscal Incentives
TAX:
Several tax incentives to
promote green private
investment.
Fiscal Transfer
Strengthening the capacity of sub-national
governments in tackling climate change.
Profit Sharing Fund on Natural Resources (DBH SDA)
Tax Holiday
Income Tax
Facility
VAT Facility
Import Tax
Facility
Property Tax
Instruments
100% tax discount for Up to 20 years depends on the
amount of investment for 17 pioneer industries.
Tax Allowance for geothermal businesses, renewable
energy generators, and bioenergy industries.
The exemption of article 22 income tax on imported
goods for geothermal business activities.
VAT exemption on imported goods for geothermal
activities.
Import tax exemption on geothermal activities.
Property tax deduction up to 100% for exploration stage.
•
DBH SDA Forestry
•
DBH SDA Geothermal
Special Allocation Fund for Physical Development (DAK Fisik):
DAK Fisik Agriculture & Irrigation Development
DAK Fisik Environment Development
DAK Fisik Forestry Development
.
•
DAK Fisik Marine & Fisheries Development
Non Physical Special Allocation Fund (DAK Non Fisik)
DAK Non Fisik for Waste Management (for tipping fee support)
Incentive Fund (DID)
DID on Waste Management
Source: Ministry of Finance
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