VATupdate

Extension of the 100% car discount until December 2021

The Indonesian government has extended the tax discount or Sales Tax on Government-Borrowed Luxury Goods (PPnBM DTP) 100% for motorized vehicles until the end of 2021.

The purpose of the extension of this incentive is to encourage car sales so as to create a multiplier effect on the Indonesian economy.

Source Nasional.kontan.co.id

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