Investor Presentaiton

Fiscal Incentives: Super Deduction For Research & Development The Government developing a super deduction tax scheme to provide businesses with incentives to conduct research and development in the hopes of spurring innovation Object Certain R&D activities in Indonesia, the costs of which are charged within a certain period. Subject Domestic corporate taxpayers| who carry out certain research and development (R&D) activities in Indonesia. Amount of facilities (proposed) ☐ Income Tax Law (Law No.7/1983 jo. Law No. 36/2018) Article 35: Matters that have not been sufficiently regulated by law are further regulated by Government Regulation Law No. 45/2019 Real Cost Additional: Stages RPMK 100% Commercialisasion 100% Registration of Intellectual Property Rights (IPR) in the form of Patents or Plant Variety Protection Rights (PVT) in the country 50% Registration of IPR abroad / product innovation 25% Collaboration with government / private R&D institutions 25% Total 300% Source: Coordinating Ministry for Economic Affairs Article 29C: Facility for reducing gross income for domestic taxpayers conducting certain research and development activities in Indonesia ■ The maximum gross income reduction facility is 300% of the cost Further arrangements through regulations Technical Regulations (RPMK) technical In the process of coordinating the drafting of the Minister of Finance Regulation (IDRMK) with the Ministry of Finance, the Ministry of Research and Technology, and the Ministry of Industry

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