The Ministry of Finance (“Ministry”) has issued Regulation No. 151/PMK.08/2016 (“Amendment”), which amends Ministry Regulation No. 122/PMK.08/2016 on Procedures for the Transfer of Taxpayer Assets to Indonesia and Their Placement in Investment Instruments External to the Financial Market Through the Tax-Amnesty Framework(“Regulation 122/2016”). [1] The Amendment aims to accommodate a number of issues which were not previously regulated under Regulation 122/2016, [2] including the following areas:

Provisions on Investment of Repatriated Assets External to the Financial Market through the Tax-Amnesty Program Amended
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