DGT Prepares Tax Incentive Scheme To Encourage The National Film Industry

Director General of Taxes Bimo Wijayanto (Photo: Aris Nurjani/VOI)

The Directorate General of Taxes (DGT) of the Ministry of Finance (Kemenkeu) is preparing a new tax incentive scheme aimed at the national film industry.

Director General of Taxes Bimo Wijayanto explained that this policy was initiated to encourage growth in the creative sector as well as to realize business climate equality between local films and imported films.

The statement was made by Bimo after receiving representatives of a number of Indonesian film associations some time ago.

"The request (from industry players), we will create an affordable incentive scheme to develop the domestic film industry. This includes equalizing the level of playing field between the domestic film industry and imported films from abroad," he told the media crew, quoted Thursday, October 23.

Furthermore, Bimo said that film industry players assessed that there are still a number of tax aspects that need to be improved so that the business climate in this sector is more conducive.

"So far, it may be felt that there are several things that must be developed," he said.

Although he has not explained in detail the form of incentives to be provided, Bimo emphasized that the DGT policy direction will be focused on efforts to provide tax breaks for national film industry players.

"I can't talk about details yet, but the direction is that the tax burden for the domestic industry is not too burdensome," he concluded.