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Govt. Updates Criteria and Requirements for Securing of Income-Tax Facilities for Investments in Certain Businesses Within the Maritime and Fisheries Sector

The Minister of Maritime Affairs and Fisheries (“ Minister ”) recently issued Regulation No. 35 of 2022 (“ Regulation 35/2022 ”), which sets out the latest criteria and requirements for the granting of income-tax (pajak penghasilan– “ PPh ”) facilities for investments in the following types of businesses within the maritime and fisheries sector: [1]

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