The Future of Economy Through Taxation Policy in New Normal Era

Indonesian French Chamber of Commerce and Industry organized a taxation webinar with Directorate General of Taxes and Mazars Indonesia.

The webinar’s topic was “The Future of Economy Through Taxation Policy in New Normal Era” with the speakers Mr. Mekar Satria Utama, Director of International Taxation at Directorate General of Taxes and Ms. Julia Yang, Partner Tax and Transfer Pricing at Mazars Indonesia.

Indonesia is adapting during this pandemic by making some law in tax to keep the economy afloat. The government is implementing G.R in lieu of Law No. 1 of 2020 / Law No. 2 of 2020, Law No. 11 of 2020: Omnibus Law on Job Creation, and ongoing some tax incentive. The government is increasing investment funding, encouraging taxpayer compliance and voluntary payment, improving legal certainty, and providing fairness of business climate in domestic level in order to facilitate the company in doing business in Indonesia. There are some changing in tax percentage but the government is optimist that Indonesia’s economy is capable to handle post-pandemic situation.

The webinar lasted for an hour and half via Zoom platform.