Government Assistance to Mass Media Companies Continues until June

JAKARTA, KOMPAS.com - President Joko "Jokowi" Widodo on Tuesday expressed concern about the challenges faced by the media during the Covid-19 pandemic. 

"I know the press industry is also facing problems, just like other companies in the private sector, who are also experiencing financial difficulties," Jokowi said in a televised address to commemorate the National Press Day on February 9.  

Therefore, he said, the government has extended tax incentives to ease the burden on the media industry in countering the economic impact of the coronavirus.

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The income tax (PPH) of the workers at the mass media companies, he said, will be borne by the government.   

"It means that income taxes will be borne by the government and will be valid until June 2021. Please follow this up to the Minister of Finance," said Jokowi.

"There is also a cut in corporate income tax, an exemption of import tax, and acceleration of restitution. These incentives will be valid until June 2021," he added.

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The incentives given to other industries are also granted to the mass media companies by extending a relaxation on subscription fees on electricity bills. 

Jokowi said the assistance provided for the media industry may not be significant as the country is currently facing a heavy fiscal burden.