Indonesia's short-term incentive policy

Indonesia's industry minister said Wyatt west , through the provision of short-term incentives , the government guarantee until the end of no layoffs . He said : "The government's short-term incentive policy that is not export-oriented 50% reduction in income tax the taxpayer , these tax cuts for the period August 2013 tax effective ."shoes manufacturer

In addition, the Indonesian government will also reduce the arrears three months of 2013 and Section 29 tax arrears cancellation penalty items. In addition, the government will also count with the release of industrial enterprises will get the discount on the list of enterprises minister regulations.luxury shoes

In addition, the government will also relax the restrictions on free trade zone , allowing 50% of their products are sold to the domestic market.

As for long-term incentives , the government will expand the coverage and simplify business hand thread provided allowances to stimulate investment . The tax incentives will be offered to five labor-intensive industries, including textiles and clothing industry , slippers , furniture and toys . He said there are about 1,000 more enterprises to obtain tax benefits. With this policy , he believes that enterprise until June 2014 or pay a tax deadline will be able to maintain the company 's liquidity .

With all of these tax incentives , the government will require the relevant companies will not make a formal written statement dismissing employees .shoes supplier