On 16 July 2020, the government issued the Minister of Finance Regulation No. 86/PMK.03/2020 (MoF-86) to update the fiscal incentives provided to taxpayers in relation with the COVID-19 pandemic.
The type of incentives provided remain the same as the Minister of Finance Regulation No. 44/PMK.03/2020 (MoF-44). However, MoF-86 has further expanded the industry sectors entitled for these incentives and extended the incentives period to December 2020.
Other significant changes regulated under MoF-86 are as follows:
Please refer to the appendix of the attached regulation for complete business classification code entitled for these incentives.