The Indonesian Government has recently issued new regulations devolving the taxation of electricity to regional government (the Regulations).* The Regulations set out the details that may be covered in regional regulations. The Regulations state that taxation may apply to the end users, as well as electricity suppliers. The maximum rate of taxation stipulated by the Regulations is 10%, however,
there are special discounted rates and exemptions for particular industries and for particular uses.

*Government Regulation No. 4 of 2023 concerning Collection of Certain Goods and Services Tax on Electric Power.