BKPM Tax Incentive Services Now Integrated with Coretax
JAKARTA – The Directorate General of Taxes (DGT) has signed a cooperation agreement with the Ministry of Investment and Downstream Industry, also known as the Investment Coordinating Board (BKPM). This agreement includes data integration between BKPM and DGT, particularly within the Coretax system.
As a result, various investment licensing services and fiscal facilities will now be integrated with Coretax. These services include the Taxpayer Status Confirmation (KSWP), Fiscal Certificate (SKF), and applications and reporting for fiscal incentives.
Among the fiscal incentives affected by this integration are the tax holiday, tax allowance, investment allowance, and the vocational super tax deduction (STD) scheme.
READ: Effect of the Global Minimum Tax: Tax Holiday Replaced by Refundable Tax Credit
According to the DGT’s official statement, the cooperation agreement was signed on Wednesday (October 1) by the Director General of Taxes, Bimo Wijayanto, and the Secretary of the Ministry of Investment and Downstream Industry/Principal Secretary of BKPM, Heldy Satrya Putera.
Strengthening Investment and Boosting State Revenue
On this occasion, Bimo stated that the synergy between the tax authority and BKPM is expected to both enhance state revenue and stimulate investment.
Therefore, this cooperation goes beyond administrative collaboration; it is also expected to strengthen the investment ecosystem.
"With well-targeted tax incentives, investment will increase, jobs will be created, and national economic growth will be stimulated," said Bimo.
Investment Targets and Realization
For the 2025–2029 period, the government targets investment realization of IDR 13,032.8 trillion. As of Semester I of 2025, actual investment reached IDR 942.9 trillion, an increase of 13.6% compared to the same period in 2024.
This investment realization consists of Foreign Direct Investment (FDI): IDR 432.6 trillion and Domestic Investment (DI): IDR 510.3 trillion
With this level of investment, BKPM estimates that around 1.26 million jobs have been created. (ASP/KEN)
