Purbaya: 0% Income Tax at PFII Is a Potential Gain, Not Loss
JAKARTA, DDTCNews – Finance Minister Purbaya Yudhi Sadewa has stated that granting a 0% corporate income tax incentive for up to 50 years is a strategy to attract major investors to place stated capital in Indonesia's international financial centre (PFII). This topic is one of the reviews covered by national media today, Friday (24/7/2026).
According to Purbaya, granting corporate income tax incentives for investors in the PFII will not create a potential loss for the state. On the contrary, the incentives are considered likely to generate a potential gain through incoming investment that supports development financing.
"There is no potential loss — what exists is a potential gain. Not from the tax itself, but from the [investment] funds used to finance construction here," he said.
Purbaya said the economic benefits generated from incoming investment would be far greater than the potential revenue foregone. Without such incentives, major investors may not necessarily be willing to enter Indonesia's financial centre.
He views that substantial tax incentives are necessary to make Indonesia's financial centre more competitive compared with other financial centres, such as Singapore, Hong Kong, and Dubai, United Arab Emirates.
"We need to be a little more attractive — why? Because we are the latest entrant [as a financial centre player]. If we are not more attractive, investors will not come in. So there needs to be a sweetener — that is just the nature of business," he said.
He added that funds flowing into the financial centre can be utilised for various needs, one of which is purchasing government securities (SUN), including global bonds issued by the government in international markets.
According to him, the more investors purchase global bonds, the easier it becomes for the government to obtain US dollars. Consequently, the government would be less dependent on demand in the global market, which could help maintain the stability of the rupiah exchange rate.
"When the government issues, for example, a global bond, there are buyers for the dollars, so the government is also not under pressure in the global market for our dollar demand. In turn, this will help stabilise our exchange rate," said Purbaya.
For information, the government and the House of Representatives (DPR) have approved the PFII Bill to be enacted into law. The law will comprise 10 chapters and 73 articles that regulate in detail the establishment of the PFII.
After the PFII Law is officially enacted, the government will issue implementing regulations in the form of a government regulation (Gov. Reg.). These regulations will govern the operation of the PFII, including the granting of tax incentives for investors and business actors.
In addition to that news, there is a review concerning marketplace providers that are prohibited from charging fees to sellers following their appointment as collection agents. There is also a discussion regarding the prohibition on taxpayers recording the delivery of explanations regarding the SP2DK (letter of clarification request) via video conference.
The following is a complete review of tax articles.
State Budget (APBN) to Be the Initial Funding Source for PFII
The establishment of the PFII will be funded by the government through the State Budget (APBN), supplemented by private investment and state-owned enterprises (SOEs).
Purbaya has not yet disclosed the amount of State Budget funds to be used as initial support for establishing the financial centre. He only confirmed that not all financing will come from the state treasury, as there will be investment injections, including from BPI Danantara.
"So not all of it is from the State Budget — investors will be releasing initial funds to build there. It is quite a substantial amount, not from the State Budget," he said. (DDTCNews)
Collecting Article 22 Income Tax, Marketplaces Urged Not to Arbitrarily Charge Fees to Sellers
The Directorate General of Taxes (DGT) has reminded marketplace providers not to impose additional charges on online merchants (sellers) after being appointed as Article 22 income tax collection agents. Even if charges are levied, the marketplace must explain them transparently to sellers.
DGT Director of Counselling, Services, and Public Relations Inge Diana Rismawanti said sellers are entitled to request an explanation if a marketplace imposes additional charges linked to the implementation of Article 22 income tax collection.
"If it turns out that the marketplace is in fact imposing charges that appear to increase costs due to the collection of Article 22 income tax, this must be questioned," she said. (DDTCNews)
DGT Prohibits Taxpayers from Recording SP2DK Explanations via Video Conference
Circular of the Director General of Taxes Number SE-8/PJ/2026 prohibits taxpayers from recording the delivery of explanations regarding the SP2DK (letter of clarification request). This prohibition applies where the explanation of the SP2DK is delivered by the taxpayer, their representative, authorised agent, or employee directly via video conference.
A taxpayer, representative, authorised agent, or employee who violates the said recording prohibition will be subject to sanctions in accordance with the applicable statutory laws and regulations.
It should be noted that, although taxpayers are prohibited from recording during the direct delivery of explanations via video conference, the Tax Service Office (KPP) is in fact authorised to record the said activity. (DDTCNews)
Digital Sector Tax Receipts Reach IDR8.68 Trillion
The DGT recorded tax revenue from the digital sector in the first half of 2026 amounting to IDR8.68 trillion.
That figure comprises VAT on cross-border digital goods and services (PPN PMSE) of IDR6.34 trillion, cryptocurrency tax of IDR205 billion, P2P lending or fintech of IDR695.84 billion, and tax on procurement transactions of goods and/or services through the government procurement information system (SIPP tax) of IDR1.44 trillion.
"We hope that the continuously improving compliance of digital business actors can support state revenue whilst at the same time creating an equitable tax system for all business models, both conventional and digital," said Inge. (DDTCNews, Kontan)
Local Governments Asked Not to Worry About Tax Exemption on Low-Income Community Housing
The Ministry of Home Affairs (Kemendagri) has asked local governments to not be concerned about the impact of the exemption from building approval levies (PBG) and land and building acquisition duty (BPHTB) for housing for low-income communities (MBR).
According to Home Affairs Minister Tito Karnavian, local governments' concerns regarding pressure on local own-source revenue (PAD) as a result of the exemption from PBG levies and BPHTB are unfounded.
"The economic and social benefits generated by housing construction are in fact far greater," said Tito. (DDTCNews) (dik)
