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Event Reports
Coordination Meeting with ALFI on VAT in International Freight Forwarding Services
On 26 March 2018 a coordination meeting was held between EuroCham and ALFI to discuss joint proposals regarding VAT in International Freight Forwarding Services. Prior the meeting EuroCham has presented these proposals to the Fiscal Policy Agency, Directorate General of Tax, Coordinating Ministry for Economic Affairs, and Government’s Working Group IV during a meeting on 16 March 2018 at Ministry of Finance’s Office. During this meeting EuroCham secretariat also mentioned the updates on status of another joint proposals by EuroCham-ALFI-ASPERINDO on Income Tax for International Freight Forwarding Services.
Ministry of Finance FGD on Fiscal Incentives for Renewable Energy
EuroCham Energy Working Group was invited to attend the Focus Group Discussion (FDG) held by Ministry of Finance on March 21, 2018, to discuss about fiscal incentives scheme for renewable energy.
Referring to PMK No.21/PMK.011/2010 the Ministry of Finance has actually provided fiscal incentives for renewable energy in the format of tax allowance and duty exemption for duty. However the National Fiscal Policy (BKF) claims that currently the utilization of such facilities are still low. The FGD tries to identify the reason behind, where it is lack of socialization or any technical difficulties in implementation or simply not attractive to motivate the business player enough.