Tax Incentives for BPI Danantara’s Corporate Restructuring

JAKARTA, December 5 2025 – The Ministry of Finance will provide fiscal support in the form of tax incentives for the corporate restructuring of BPI Danantara. Finance Minister Purbaya Yudhi Sadewa said the incentives will comply with existing tax regulations.

The incentives will cover a tax reduction for two to three years during consolidation and inter‑company sales, after which normal corporate‑action taxes will apply. BPI Danantara’s request to waive tax obligations for fiscal years before 2023 was rejected because the periods have already passed and involve foreign‑owned components. The provision is stipulated in Article 89A of the State‑Owned Enterprises Law, which governs tax treatment for transactions involving operational and investment holdings and third parties.

The measure aims to lower the tax burden during the restructuring phase, facilitating faster consolidation of government assets. For other taxpayers, the time‑limited incentive underscores that the benefit is temporary and does not alter standard tax rates. Implementation will be monitored by the Directorate General of Taxes.