Indonesia Publishes Implementing Regulation for Super Deduction for R&D Costs

Indonesia has published Regulation No. 153/PMK.010/2020, which provides implementing rules in relation to the super deduction for R&D costs introduced by Government Regulation No. 45 of 2019. Under Regulation No. 45 a deduction up to 300% is provided for costs incurred for eligible R&D activities carried out in Indonesia, including activities carried out for the production of invention…
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