Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · A Theatrical Release
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

A Theatrical Release

Indonesian Government Claims Agreement Reached on Single Tax Regime for Foreign Feature Films.


Bali News: Indonesia, films, import, Jero Wacik, taxation, Hatta Rajasa, Agus Martowardojo, single tax
Click Image to Enlarge

(4/9/2011)

The tax controversy threatening to end the importation of foreign feature films in Indonesia has apparently been resolved with the agreement to replace the myriad of taxes now charged on imported films to a single tax regime.

NusaBali reports that the Minister of Culture and Tourism Jero Wacik has reported to President Susilo Bambang Yudhoyono the results of an agreement reached with the Coordinating Minister for the Economy Hatta Rajasa and the Minister of Finance Agus Martowardojo.

"In that meeting we agreed to create a single tax. But we will (first) report all this to the President because matters related to national taxation must be decided by him. So, it can't be decided by the Director General of Taxation, it has to be the President's decision," explained Wacik.

Wacik insists that the agreement will protect Indonesian films. Said Wacik: "More films can be produced because of low taxation, but with imported films continuing to be imported in order to meet the demand of theaters that stand at 600 and are targeted to become 1,000 by 2014."

A "single tax" system will see films pay an import tax upon importation with no additional taxes to be imposed after that.

Wacik did not disclose the tax rate to be charged on foreign films, saying that was the prerogative of the Minister of Finance and the President to decide.

In order to encourage local film making, the custom's duty for imported film stocks has been reduced to zero.

Related Article

[The Show Must Go On]

[What's Wrong with this Picture]


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
No Right to Bear Arms in Paradise
Police Arrest American at Bali Airport with 12 Rounds of Live Ammunition
(3/23/2017)
On the Road to Nowhere
Bali Toll Road to Close for 32 Hours During Nyepi New Year Period
(3/23/2017)
No Landings. No Take-offs
Bali Airport to Close for 24 Hours on March 28, 2017
(3/23/2017)
A Moving Experience
Bali Gets a Strong Early Morning Wake Call via a 6.4 Magnitude Earthquake on Wednesday, March 22, 2017
(3/23/2017)
In the Event of a Sudden Loss . . .
Garuda’s Profitability Drops 89% in 2016
(3/23/2017)
A Silent Night Before a Silent Day?
Bali Chief Policeman Issues Call for Discipline and Self-Control Over Nyepi Holiday
(3/22/2017)
Weddings that Stop Traffic
Bali Toll Roll Rentable for Wedding Photo Shoots
(3/19/2017)
All Inclusively Including Lombok
Club Med to Open in Lombok in 2019
(3/19/2017)
Things Going Dramatically for Jeremy
Criminal Case Against Indonesian Actor Jeremy Thomas Moves Forward in Bali
(3/18/2017)
Crossing the Bridge of Love at Nusa Penida
Nusa Penida’s New Yellow Bridge Becomes a New Icon of Bali Tourism
(3/19/2017)
Did You Feel It?
Mild Earthquake on Friday, March 17, 2017 - 334 km Southwest of Bali
(3/18/2017)
Keeping the Peace and Quiet
5.600 Police and 22,000 Volunteers to Keep Things Quiet on Hari Nyepi – March 28, 2017
(3/18/2017)
All [News]!