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TOURISM INDUSTRY & CREATIVE ECONOMY ARE ENSURED TO GET TAX INCENTIVES

THE tourism industry and creative economy players are certain to get tax incentives after implementing a policy to expand the scope of the sector that gets relaxation and ease in the midst of the COVID-19 pandemic.

Ministry of Tourism and Creative Economy ensures that the expansion of the scope of the industrial sector that receives tax incentives in it includes the tourism industry and the creative economy. This is at the same time as an effort to maintain the sustainability of the tourism industry in order to keep pace in the midst of a pandemic.

According to the Minister of Tourism and Creative Economy,  Wishnutama Kusubandio in his statement on Sunday (3/5) said the government had issued Minister of Finance Regulation (PMK) Number 44 / PMK.03/2020 as an extension of PMK 23.

“This PMK regulates the provision of incentives in the form of PPh 21 subsidies, the exemption of Article 22 PPh Imports, and a reduction of Article 25 PPh by 30 percent,” Wishnutama said.

He added, the policy to expand the scope of the sector was applied to cover the tourism industry and the creative economy, after the industry suggested that the government expand the sector that received tax incentives.

“There is an expansion of the industrial sector, including tourism and which includes hospitality, restaurants, travel agents, and other tourism businesses and the creative economy such as photography, advertising, film and others,” he noted.

He also explained thet this incentive was at the same time a measure of mitigating the impact of COVID-19 on the tourism industry and the creative economy as the sector most affected by the COVID-19 pandemic. Where this incentive has also been long awaited by the industry.

“Therefore, it is hoped that the tourism industry and the creative economy can optimize the stimulus and relaxation policies provided so that the sustainability of the tourism industry and the creative economy continues to accelerate amid a pandemic,” Wishnutama said.

In accordance with President Joko Widodo’s direction, Kemenparekraf will continue to take steps to mitigate the impact of the other COVID-19 on the tourism sector and the creative economy.

“So that when this pandemic ends, tourism and the creative economy will become the first sectors to recover while adapting to the new normal situation after the COVID-19 epidemic,” he concluded. [traveltext.id/photo special]