Govt to increase tax on imported movies

Thursday, June 16, 2011 · Posted in

The government is expected to raise the tax of imported movies to up to 100 percent, to help protect and stimulate the production of local movies.

Culture and Tourism Minister Jero Wacik said the finance ministry's directorate general for taxation had approved the proposed raise.

“We are waiting for an official letter from the finance minister regarding the decision. I hope it will be issued next week,” he said Sunday in Nusa Dua, Bali.

The tax-raise plan earlier gained negative responses, from movie importers in particular.

“But we've continued with our plan because we think this is the most appropriate decision in order to support local movies,” the minister added.

He also said the government would reduce tax on Indonesian movies.

“We hope the tax reduction will push the production of local movies,” Jero said as quoted by Antara.

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