Country Report
Indonesia upstream fiscal summary
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Effective 2017, all new upstream licences are awarded under new Gross Split PSC terms. The mechanism involves revenue sharing between the contractor and the government, based on a number of parameters. The parameters include base split, incremental variable split (10 parameters), plus progressive split (linked to oil/gas price and cumulative production). Land and building tax is levied at 0.5% rate; corporate income tax and withholding tax are levied at 37.6% combined rate. A contractor may be obliged to offer a 10% participating contract interest to a regional government owned company, following development approval of the first field in the contract area. From July 2020, Cost Recovery PSC is re-introduced as an option for new licences, but no details are available.
Table of contents
- Basis
- Licence terms
- Government equity participation
-
Fiscal terms
- Bonuses, rentals and fees
- Indirect taxes
- Land and building tax (LBT)
- Base
- Royalty - First Tranche Petroleum (FTP) (Standard PSC only)
- Base
- PSC cost recovery - Standard only
- Base
- 16 more item(s)...
- Recent history of fiscal changes
- Stability provisions
-
Split of the barrel and share of profit
- Gross Split PSC
- Standard PSC
-
Effective royalty rate and maximum government share
- Gross Split PSC
- Standard PSC
- Gross Split PSC
- Standard PSC
-
Progressivity
- Gross Split PSC
- Standard PSC
-
Fiscal deterrence
- Gross Split PSC
- Standard PSC
Tables and charts
This report includes the following images and tables:
- Timeline
- Timeline details
- Bonuses, rentals and fees
- Indirect taxes
- Royalty (government share of FTP) - Oil
- Royalty (government share of FTP) - Gas
- Contractor revenue share - assumed terms
- Contractor oil revenue share at different oil prices
- Contractor gas revenue share at different gas prices
- Contract profit share - available terms for oil and gas
- Contractor profit share - assumed terms for oil
- Contractor profit share - assumed terms for gas
- 41 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Country Report
Indonesia upstream summary slides
A slide-pack of the key issues in Indonesia to complement our more detailed upstream summary
$5,700
Country Report
Oman upstream summary slides
To complement our more detailed Oman upstream summary we provide a slide-pack of the key issues.
$3,240
Country Report
United Arab Emirates upstream summary slides
To complement our more detailed upstream summary we provide a slide-pack of the key issues.
$3,240
