JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) is discussing tax incentives in the form of tax holidays for electric battery plant projects in Karawang involving Contemporary Amperex Technology Co Ltd (CATL) and Indonesia Battery Corporation (IBC). This discussion was carried out with the Directorate General of Taxes (DJP) and the Investment Ministry/Investment Coordinating Board (BKPM).
"So, the problem of tax holidays proposed by the Dragon project. That one in Karawang," said the Secretary General of the Ministry of Energy and Mineral Resources, Ahmad Erani Yustika, Friday, July 3.
Furthermore, Erani explained, the Ministry of Energy and Mineral Resources together with DJP and BKPM also discussed the interpretation of the tax holiday rules for the Dragon project in Karawang. For information, this giant battery plant project is a collaboration between CATL and
Erani also said that at present his party was still discussing and harmonizing with the Investment Ministry/BKPM. Not without reason, Erani said there needed to be a harmony of viewpoints between the Ministry of Energy and Mineral Resources and the Ministry of Finance.
"This concerns the use of the year, there needs to be an understanding between the DJP, with BKPM, with ESDM, to ensure whether the Dragon project, CATL, some of its joint ventures can obtain these facilities," said Erani.
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