The Indonesian government has published a series of regulations for the implementation of the Law on Job Creation (Law No. 11 of 2020) which was enacted on 2 November 2020 and includes, among other measures, several tax measures.
The main regulation regarding the tax measures of the Law is Government Regulation No. 9 of 2021. This includes rules for the establishment of a withholding tax rate reduction on certain interest payments to non-residents, which was provided for as part of the La…