Business · Economy · 1 hr ago
Indonesia Has Yet to Confirm 0% Tax for State-Owned Company Restructuring
Indonesia’s tax authority has not confirmed a 0% final income tax for state-owned company restructuring.
Tax Director General Bimo Wijayanto said officials must first review a government regulation and a finance ministry regulation.
The proposed tax treatment concerns restructuring by state-owned companies and their subsidiaries.
A tax authority rule already lists several restructuring transactions at a 0% rate, including some share transfers, buybacks and debt forgiveness.
But that listing does not guarantee the tax break will apply as described.
Wijayanto said the tax authority may revise the listed tax codes.
The government must complete the two regulations before the tax treatment can be settled.
Indonesia has yet to confirm whether a 0% final income tax rate will apply to state-owned company restructuring transactions.
Director General of Taxes Bimo Wijayanto said the government is waiting for a government regulation and a finance minister regulation.
A tax director general regulation already lists several restructuring transaction codes with a 0% rate.
Bimo said the listed codes may be revised after the government regulation is reviewed.
- Who
- Indonesia’s Directorate General of Taxes and state-owned companies and their subsidiaries.
- What
- The government has not confirmed whether a 0% final income tax rate will apply to state-owned company restructuring transactions.
- When
- Bimo Wijayanto made the comments on October 15, 2026.
- Where
- Jakarta, Indonesia.
- Why
- The government is waiting for a government regulation and a finance minister regulation before confirming the tax treatment.
This story does not have two clearly opposing sides.
The tax director general regulation listed restructuring-related tax object codes with a 0% final income tax rate.
Bimo Wijayanto said the government was waiting for a government regulation and a finance minister regulation before confirming the policy.
- Rate listed
- 0% final income tax
- Tax regulation
- PER-12/PJ/2026
- Government official
- Bimo Wijayanto
- Pending rules
- Government regulation and finance minister regulation
- Examples of listed transactions
- Share transfers, share gifts, and restructuring transactions involving state-owned companies and subsidiaries
2 sources
What people are saying
We are waiting for the finance minister regulation and the government regulation. Once the government regulation is ready, then...
No, no, we should see the government regulation first. If the government regulation is not ready, we would be wrong to do this.
We may revise it later.