NICKEL MINING
MINING AND NICKEL INDUSTRY, ACCOUNTING, AND TAX INCENTIVES
SW NIHAO Newsletter Edition No.16 – August 2023
1 file(s) 7 MB
- Mining Industry in Indonesia
Mining is an important sector in Indonesia in its contribution to GDP, export revenue, job availability, and remote area development. - Nickel Industry in Indonesia
Nickel usage is a potential sector to be developed by Indonesia and creates investment opportunity. The usage is for raw material of battery cathodes and stainless steel. - Nickel Downstreaming and Related Accounting
Downstreaming impacts the output of exported nickel and accounting records for price adjustments based on international market price. - Tax Incentives in Indonesia
The provision of tax incentives is aimed at encouraging the progress of investment and the domestic business industry by reducing income tax.