JAKARTA - Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia revealed that the imposition of exit duties for coal commodities only applies when commodity prices are high.
Thus, the government will not collect taxes when the price trend of coal commodities is falling.
"We will impose export charges if the market price reaches a certain figure. We are still making the formula," said Bahlil, Friday, December 19.
He added that the imposition of export duties by the government was only determined for companies that were indeed eligible. Bahlil said, his party also still took into account the cash flow of coal mining companies when formulating the export duty policy.
"If the price is low, the company's profit is small. If we impose an exit tax, it's not that we're helping him. Thank God if there is still a profit, if it is a loss? The state must also be fair," explained Bahlil.
Previously, Minister of Finance Purbaya Yudhi Sadewa opened the opportunity to impose an exit tax on coal commodities that would apply in 2026. So far, the government is still studying the potential of the plan.
"It is being discussed, maybe next year (implemented)," said Purbaya at the Coordinating Ministry for Economic Affairs Office, Jakarta, quoted by Antara, Thursday, November 27.
The Minister of Finance explained that the plan to impose an exit tax on coal took into account the revenue obtained by the government from the export of this commodity is relatively smaller compared to other commodities.
He compared it with oil and gas commodities (migas) which have a contract scheme for the previous cost recovery production sharing contract (PSC).
"If the PSC was in the past, the sharing contract was 85:15. 85 for the government, 15 for (the company) oil. Coal is smaller than that. This can still be improved without disturbing the industry itself," he said.
Even though it will impose an exit tax, Purbaya guarantees that the competitiveness of Indonesian coal products in the international market will not be affected.
However, the profit received by entrepreneurs is likely to decrease.
The plan to impose an exit tax on coal emerged in conjunction with the plan to impose an exit tax on gold in 2026. This discourse aims to increase state revenues.
Specifically regarding gold, Purbaya targets an increase in state revenues of around Rp2 trillion to Rp6 trillion from the application of this commodity exit tax.
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