Indonesia to Offer Tax Holiday to Companies Investing in New Capital Nusantara
KONTAN.CO.ID - JAKARTA. Indonesia will offer generous incentives, including a 30-year tax break, for companies investing in a US$ 32 billion project to build a new capital city in the country called Nusantara. An official said late on Tuesday.
Bambang Susantono, head of the Nusantara National Capital Authority, made the comments at a gathering with hundreds of local and foreign investors in the current capital Jakarta.
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