Presidential Decree Number 16 1984

Original Language Title: Keputusan Presiden Nomor 16 Tahun 1984

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c4ea48cd590824e313231353337.html

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Back of the INDONESIAN PRESIDENTIAL DECREE number 16 in 1984 ABOUT the SUSPENSION of INCOME TAX on INTEREST EARNED LENDING GOVERNMENT FOREIGN LOAN in ORDER the PRESIDENT of the Republic of INDONESIA, Considering: a. that in order the execution of national development still needed foreign loans as a complement source Fund domestically;
b. that to maintain smooth efforts to obtain foreign loans needed for Government financing various development projects implemented either from the Government, the Governments of foreign countries and international and official badanbadan from private creditors, perceived wisdom in the field need to set taxation in the form of suspension of the poll tax on interest that should be worn;
Remember: 1. Article 4 paragraph (1) of the Constitution of 1945;
2. Act No. 7 Year 1983 regarding income tax (State Gazette Number 50 in 1983, an additional State Gazette Number 982).
Decide: define: the DECISION of the PRESIDENT of the REPUBLIC of INDONESIA CONCERNING the SUSPENSION of INCOME TAX on INTEREST EARNED LENDING GOVERNMENT FOREIGN LOAN in ORDER.
Article 1 the execution of the imposition of income tax on interest earned lending Government for the purpose of financing the construction of the well from the Governments of foreign countries and international official agencies in order to aid or loans from private creditors as well as official, suspended until such time as determined later by the Government.

Article 2 this presidential decree took effect on the date set.

Established in Jakarta on 7 March 1984, the PRESIDENT of the REPUBLIC of INDONESIA, SUHARTO was ttd