摘要：AbstractThis paper will analyze the implementation and the impact of tax holiday policies from the perspective of foreign investment and tax revenues in Indonesia. The results showed that tax holiday is considered to give effect to the increasing in investment activities in Indonesia and it will not have a negative effect in the form of the loss of tax revenue. Tax holiday policy is considered capable to provide a positive impact on investment activities in Indonesia, but Indonesia still has to give priority to the improvement of infrastructure and bureaucracy.
