EuroCham Briefing on Tax Holiday and Tax Allowance

The Briefing on Tax Holiday and Tax Allowance was held on 30 August 2018. The event officially commenced with an opening speech by Mr. Luc Cardyn, EuroCham Executive Board Patron for Finance & Tax Working Group, and President Director of BNP Paribas Indonesia. During his speech, he addressed the importance of improving the business and investment climate in Indonesia to increase the country’s competitiveness globally.

Mr. John Hutagaol, the Director of International Taxation from the Directorate General of Taxation, explained that the revised tax incentives provided more certainty to businesses that are eligible for the incentives. Also speaking at the event was Mr. Henry Rombe, the Vice Director for Secondary Sectors Facilitation from Indonesia Investment Coordinating Board (BKPM), who elaborated on the application process for both tax incentives at BKPM. Representing business’s point of view regarding the implementation of the tax incentives was Ms. Ay Tjhing Phan, the Managing Director for Tax from PricewaterhouseCoopers Indonesia. Following the presentations, the overall panel discussion was moderated by Mr. Sugyanto Halim, EuroCham Deputy Head for Transport & Logistics Working Group (for Investment, Tax & Finance), and the Chief Financial Officer of Schenker Petrolog Utama.

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