#Nusantara Capital City

IKN Becomes Government Epicenter: MUC Hosts Taxation Seminar in Balikpapan

Being an area close to the capital city, the epicenter of the new government, business players in Balikpapan need to prepare for and anticipate various factors that will affect their business activities.

Jul 18, 2024

Building Financial Centers in IKN, Government to Offer 100% Tax Incentives Building

The government plans to develop a Financial Center in the Nusantara Capital City (IKN), an area that will be the center of financial services and the development of technology and services in the financial sector. To achieve this, the government offers tax reduction incentives ranging from 85% to 100% of the Income Tax payable for financial companies operating in the IKN Financial Center.

May 29, 2024

Tax Holiday at IKN: Longer Duration, Lower Investment Value

May 28, 2024

Sri Mulyani Releases Regulation on Tax Facilities at IKN, Here are the Details

Minister of Finance Sri Mulyani released a regulation regarding the provision of tax facilities in the Nusantara Capital City (IKN). The provisions are contained in Minister of Finance Regulation (PMK) Number 28 of 2024, effective since its promulgation on 16 May 2024. 

May 21, 2024

Government Waives Employee Income Tax at IKN

To encourage the project of relocating the national capital, the Government exempts employee Income Tax  Article (ITA) 21 in the Nusantara Capital City (IKN)

Dec 4, 2023

Nusantara Capital Incentive Opens Tax Avoidance Chance

According to Purwitohadi, a senior policy analyst at the Fiscal Policy Agency (BKF) of the Ministry of Finance, the tax avoidance loophole arises because there is no clear definition of foreign tax subjects who place their funds in the financial center in IKN.

Oct 16, 2023

Building Nusantara Capital City, Government Exempts Corporate Income Tax for Up to 30 Years

The government exempts Income Tax or a tax holiday, for up to 30 years for companies investing in the Nusantara Capital City (IKN), with a minimum investment value of IDR 10 billion.

Mar 13, 2023

Government Prepares 30-year Tax Holiday Facility at IKN

A number of tax incentives are being prepared by the Head of the Nusantara Capital Authority (IKN), for the development of IKN to be able to attract investors. Some of the incentives prepared include tax holidays and super deduction tax.

Oct 20, 2022

The Government Imposes Special Taxes in Nusantara Capital City, Here are The List!

The IKN Authority is also entitled to provide incentives in the form of relief, reduction, exemption, and deferral of payments for these special fees or taxes and be authorized to apply special fees or taxes.

May 9, 2022