Unified Mining Tariffs Introduced: Holders of IUPK as a Continuation of KK/PKP2B Now Subject to Six-Tier PNBP Royalty Rates

In 2022, the Indonesian Government introduced Regulation No. 15 of 2022 on the Treatment of Tax and/or Non-Tax State Revenue (Penerimaan Negara Bukan Pajak– “ PNBP ”) Within the Coal-Mining Business Sector (“ Regulation 15/2022 ”). As its title suggests, Regulation 15/2022 sets out the various provisions on the treatment of tax and PNBP that apply to business actors who have secured coal-mining-related licenses (“ Coal-Mining Business Actors ”). [1]