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#Refundable Tax Credit
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articleRefunds Weigh on Revenue, Government to Review Regulations
Tax refunds totaling IDR 361 trillion in 2025 have put pressure on state revenue. The government plans to review refund regulations to strengthen oversight without reducing taxpayers’ rights.
Feb 12, 2026
articleEffect of the Global Minimum Tax: Tax Holiday Replaced by Refundable Tax Credit
The Indonesian government is shifting its fiscal incentives from tax holidays to refundable tax credits in response to the implementation of the 15% global minimum tax. Indonesia is set to impose a Top-Up Tax, as per Minister of Finance Regulation (PMK) No. 136/2024.
Sep 25, 2025
