Indonesian Political, Business & Finance News

Untaxable incomes raised

| Source: JP

Untaxable incomes raised

JAKARTA (JP): The government has increased the tax exempt
ceiling on incomes for foreign professionals in the oil and
mining industry, a spokesman for the Ministry of Finance said
here yesterday.

Agus Haryanto told reporters that starting Aug. 26, the tax
exempt ceiling for expatriates working as general managers at oil
or gas drilling companies was raised to exempt salaries of
US$11,275 per month from $10,250 per month.

The same ruling also applies for foreign managers in the same
industry, whose tax exempt ceiling was raised to $9,350 from
$8,500 for monthly earnings.

The ceiling of tax exempt incomes of rig supervisors, rig
superintendents and tool pushers was raised to $5,830 per month
from $5,300. The ceiling of their assistants, meanwhile, was
fixed at $4,510 per month.

The spokesman also said that the ceiling of "other crew
members" was set at $3,245 per month. (hdj)

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