These Are the Complete Design of the Tax Stimulus

Summary

The government will bear income tax on salaries, wages, and honorariums (PPh Article 21) as an incentive in the continued economic stimulus package to reduce the impact of the coronavirus ​​(Covid-19) outbreak. Finance Minister Sri Mulyani Indrawati said on Wednesday (3/11) that the government would warrant the income tax for six months.

The Coordinating Minister for Economic Affairs Airlangga Hartarto said the income tax incentives borne by the government would be given to companies in the manufacturing industry sector. But, he could not ensure the type of industry and when the incentive will be applied. The legal basis for the incentive regulation is expected to be issued in April.

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