Jakarta ● Mon, June 27 2022
The Finance Ministry is considering postponing the implementation of the carbon tax that was to become effective on July 1, the second delay after the government failed to implement the policy on April 1 as mandated by the Tax Harmonization Law of 2021.
Febrio Nathan Kacaribu, who heads the ministry's Fiscal Policy Agency, cited unfinished work on the policy's derivative regulations as a reason behind the move, as well as the prolonged global economic turmoil as a risk that needed to be taken into account.
"With all of these conditions, the government is again considering a review of implementing the carbon tax on July 1," Febrio told reporters during an online press briefing on Thursday.
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