Investor Presentaiton

MINISTRY OF FINANCE INDONESIA THE URGENCY OF TAX REFORM Stronger and Broader Tax Base ✰ Growing consumption Higher Income Per Capita Healthier and Sustainable Budget Stronger State Revenue ✰ Low Budget Risk and managable financing risk High Economic Growth Boost investment and job creation Improve ease of doing ܀ business TOWARDS FAIR, HEALTHY, EFFECTIVE, AND ACCOUNTABLE TAX SYSTEM TAX REFORM Policy Reforms Administration Reforms Broadening tax base . Simpler and more efficient tax administration . Enhance competitiveness • Ensuring legal certainty • More efficient and effective tax incentives which are in line with global tax dynamics . Utilizing financial data and information • . Tax incentives are more prioritized for high value-added sectors with larger job creation Flexible to changes of the economic structure, business activities including digital economy • In line with global tax changes and best practices • Reducing excessive tax exemptions and distortionary effect . High tax compliance. . Improving tax progressivity. 59

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