The government granted the request of PT Ogan Komering Ilir Pulp & Paper Mils to get tax holiday. The subsidiary of Sinarmas Group gets tax holiday for 8 years."Plus can be 2-year corporate income tax relief of 50 percent after 8 years," said Managing Director Sinarmas Group Holding Cash Gandi Sulistyanto when Kontan contacted on Friday (08/28/2015).
With the acquisition of tax holiday, PT OKI Pulp & Paper Mils can focus on completing the investment to build a paper mill in Kabupaten Ogan Komering Ilir, South Sumatera. In addition, a subsidiary of Sinarmas Group also build supporting infrastructure such as roads that not only the factory but also public roads that can be used in the community. "It is targeted to be completed late next year," said Gandhi.
Head of Rates and Tax Filing Ministry of Industry Reni Yanita said that the PT Ogan Komering Ilir Pulp & Paper Mil plans to invest the construction of a paper mill in Kabupaten Ogan Komering Ilir. The value of the investment is planned as much as Rp 29.1 trillion.
The investment value of PT OKI Pulp & Paper Mils is far larger than 3 other companies that receive tax holiday. Because PT OKI Pulp & Paper Mils indeed open up new industrial region in areas previously categorized as remote areas . "So it much bigger," said Reni.
Tax holiday that acquired by 4 companies refers to Finance Minister Regulation (PMK) Number 159 / PMK 010/2015 on Issuance of Income Tax Reduction Facility (PPh) Board on 16 August. The Ministry of industry has filed 11 companies to gets tax holiday.
However, so far only 4 who get it. The other three are PT Unilever Oleochemical Indonesia and PT Indonesia Petrochemicals Butadine which is a manufacturing company. Another one is the energy company PT Energi Mas