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Indonesia: Incentives crucial to make SMEs pay taxes

Indonesia: Incentives crucial to make SMEs pay taxes

The government needs to provide small and medium enterprises (SMEs) with business facilities and incentives in return for their tax contributions, says the Indonesian Chamber of Commerce and Industry (Kadin).

Kadin deputy chairman for SMEs Erwin Aksa said most small- and medium-scale businesspeople had often faced difficulties in attaining banks loans for expansions.

Aksa said rewards from the government in the form of soft loans might lure other businesspeople to comply with the government’s tax policy.

Policy & Regulation