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THE Indonesian government will offer a super deduction tax to tourism investors in 5 super priority destinations as an effort to increase investment growth. The five destinations include Lake Toba, Borobudur, Mandalika, Labuan Bajo, and Likupang.
According to the Deputy for Planning for the Investment Coordinating Board (BKPM) Ikmal Lukman said tourism was one of the mainstay sectors for realizing investment investors. We project investment in 2020-2024 to reach Rp5,745.3 trillion with an average growth of 11.7% per year.
“The government’s commitment to increase the passion for the tourism investment climate is reflected in a number of policy reforms. Some of these policies include: One-Stop Integrated Services (PTSP), 3-hour licensing services, and green belt facilities. On this occasion BKPM offered investors the ease of direct investment in Special Economic Zones (KEK),” Ikmal Lukman said.
It is said, investors who want to invest in KEK can directly build buildings without requiring initial licensing. They only need to do a post audit and fulfill one of the requirements, namely the location must be in accordance with the designation (RDTR). In addition, I also urge tourism industry players to take advantage of the policy of super deduction tax in preparing competent tourism human resources.
“This is related to the Government Regulation (PP) No. 45 of 2019 which contains a policy of reducing the income tax (PPh) super alias super deduction tax for taxpayers (WP) agencies that carry out vocational activities and/or research and development (R&D),” he said.
He added, investors could also use this super deduction tax policy to encourage the creation of superior HR in the tourism sector. [traveltext.id]
