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The Indonesian Investment Coordinating Board (BKPM) issued a press release today outlining a program of tax holidays to be granted to new investors via a decree of the Minister of Finance. Important Features of the tax holiday: Offered for 5 to 10 years after a company or project begins commercial production 50% reduction offered for 2 years after the initial tax holiday ends Priority sectors:  basic metals, petroleum refineries, organic [...]


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