She also announced the ministry is planning to further reduce the corporate tax by three percent or below for publicly-listed companies. Apart from a tax cut, domestic income tax may also be lifted.
"The income tax cut will be ruled by the governmental regulations," the minister said.
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Meanwhile, dual residents or foreigners whose salaries are from Indonesia may become part of the income tax bracket. However, Indonesian nationals working overseas for more than 183 days will be exempt from income tax. (INE)
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