The Indonesian tax system is mainly based on three tax laws – the General Tax Provisions and Procedures Law, the Income Tax Law, and the Value-Added Tax (VAT) and Luxury Sales Tax (LST) Law. The tax reforms, which started in 2008, covering amendments of the above laws, were completed in 2010. Subsequent to the commencement of the new laws, the...
Indonesia, with an average GDP growth of around 5-6% per annum during the past three years, has emerged as one of world’s potential economic powerhouses. As a member of the G20, Indonesia is already in the process of transforming into one of the developed nations. This fourth-most-populous country in the world has most of the requirements to reach a...
MINING LAW: Mining permits (IUP), Small-scale mining permits (IPR) and special mining permits (IUPK) constitute the mining permit regime under the new Law No. 4 of 2009 concerning mineral and coal mining. The mining industry is now classified into:
The need to sustain economic growth and further improve living standards in a resource-constrained environment is the key challenge facing the world in the next few decades. Resource-rich countries such as Indonesia will face specific challenges to reconcile required changes in land-use and energy intensity, while maintaining economic growth,...
In recent times, increased life expectancy and reduced infant mortality rates signal vital, important advances in Indonesia’s health care system. Yet these are often offset by the country’s high rates of maternal mortality and child malnutrition. For the 2010-14 period, the government has given health services a series of priorities: improving maternal and child health,...
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