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2010-05-04 04:31:17
Indonesia Tax Regulation for Advertisement
Regulation released by Minister of Finance, has bring some fresh air to the Indonesia advertising industry.
 Regulation released by Minister of Finance, has bring some fresh air to the Indonesia advertising industry. This new regulation has given no limitation to the advertising cost that can deductible from gross income. In old regulation, advertising cost that can be deductible are limited into 25 billion rupiah for pharmaceutical industry and not more than 3% for tobacco industry.
In this new regulation, had no restriction on how much the industry could spend their advertising budget. What matters is this regulation include the cost of advertising on electronic media, print media, and/or other media; the cost of product exhibitions; the cost of new product introductions; and the sponsorship costs associated with product promotion. All this things can be deductible from gross income.
This new form regulation is already being implemented, so the others industry can take advantages from this and advertising industry could develop their market.
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