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1970
Undang-undang (UU) NO. 11, LN. 1970, LL SETNEG : 5 HLM
Undang-undang (UU) TENTANG Perubahan dan Tambahan Undang-Undang No. 1 Tahun 1967 tentang Penanaman Modal Asing
ABSTRAK:	\n \n \n
CATATAN:	\n \n Undang-undang (UU) ini mulai berlaku pada tanggal 07 Agustus 1970. \n \n

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PRESIDENT
REPUBLIC OF INDONESIA

LAW OF THE REPUBLIC OF INDONESIA
NUMBER 11 OF 1970
CONCERNING
AMENDMENT AND ADDITION TO LAW NO. 1 OF 1967
CONCERNING FOREIGN INVESTMENT

BY THE GRACE OF GOD ALMIGHTY

PRESIDENT OF THE REPUBLIC OF INDONESIA,

\n\n \n \n \n \n \n

Considering:

that the outline of the State's tax policy in facing development includes: increasing government savings through increased revenue, stimulating public savings, encouraging investment and production, and assisting in the redistribution of income towards a more balanced and easily administered direction;
that in order to improve development in Indonesia, it is necessary to immediately create a good risk for entrepreneurs, especially for investment;
that in connection with the changes made in the 1925 Corporate Tax Ordinance, Law No. 1 of 1967 concerning Foreign Investment needs to be adjusted to these changes.

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