Indonesia’s government plans to remove value added tax (VAT) for purchases of houses worth less than 2 billion rupiah ($126,000) until June, its chief economic affairs minister Airlangga Hartarto said in a statement on Tuesday.
Source: Zawya
Latest Posts in "Indonesia"
- Indonesia Extends Property VAT Incentive Until 2027 to Boost Housing Market and Demand
- Jakarta Considers VAT Cut to Stimulate Consumption Amid Falling Tax Revenue
- Government Considers VAT Rate Cut to Stimulate Consumer Spending Amid Economic Slowdown
- Indonesia Updates Digital Tax Rules for E-Commerce Sector
- Government Announces 50% VAT Discount on Airfare for Christmas and New Year Holidays