Indonesia is considering offering tax incentives for employees as part of the country's current efforts to spur economic growth through changes to its tax regime, Coordinating Minister for Economics Darmin Nasution said on Tuesday.
The government of South-East Asia's largest economy has introduced several other incentives this year. These include increasing the threshold for income tax, offering up to 25 years of free corporate tax for some investors, removing double taxation on real estate investment trusts and cutting the tax rate on asset revaluation.
Nasution told reporters the government is currently looking at options to change rules on the pay-as-you-earn tax, but did not provide any details.
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The government of South-East Asia's largest economy has introduced several other incentives this year. These include increasing the threshold for income tax, offering up to 25 years of free corporate tax for some investors, removing double taxation on real estate investment trusts and cutting the tax rate on asset revaluation.
Nasution told reporters the government is currently looking at options to change rules on the pay-as-you-earn tax, but did not provide any details.
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