Indonesia’s Finance Minister issued Regulation No. 79 of 2024 (PMK-79) on 18 October 2024, which outlines the tax treatment for Joint Operations (JO). This regulation categorizes JOs into two groups based on their tax obligations: JOs that require an NPWP (taxpayer identification number) and PKP (value-added tax/VAT registration) and JOs that do not require an NPWP and PKP.
