Wednesday, July 1, 2020

New Tax Cut for Indonesian Companies; New Normal Wedding, Could It Be?

The Indonesian government is offering a lower income tax rate of 19 percent to Indonesia's listed companies, with a further 3 percent cut starting in 2022, the Jakarta Globe reports.  The discount, regulated in the Government Regulation (PP) 30/2020 that was passed earlier this month, would allow some listed companies to pay a corporate income tax rate that is going to be one of the lowest in Southeast Asia. This move is part of Indonesia's tax reforms that will help fund COVID-19 relief efforts.

If you or your family are running out of things to read at home, the Jakarta Book has gone Online this year; held from June 29 to July 2nd exclusively at Shopee, the Jakarta Book Fair 2020 will have more than 30 thousand titles to browse, offered at up to 90% discount. No more fighting for copies, and most importantly, no crowd!

With some regional governments start to loosen up on their social restrictions regulations, we've seen weddings getting the go ahead. However, weddings during New Normal must follow very strict regulations, or risk of getting sanctioned. Read more here.

We've also noticed that the rows of cyclists on the roads have almost doubled since the pandemic. But as with anything we do in the new normal, there are obviously some adjustments need to be made. Find out what they are here, and after that, hit these bike lanes in Jakarta.

They might say that it is not a good idea to daydream, but what are the things you miss the most with the 'old normal' ? Here are the things that we used to take for granted, but now can't even try to think of doing. Before you get teary eyed and too deep in your day dream, just remember that we're all in this together :)

Stay safe, everyone!

Cheers,



Jessica Januarty
Chief Operating Officers
www.WhatsNewIndonesia.com

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