- Indonesian Ministry of Finance issued Ministerial Regulation No. 13 2025 on VAT paid by the government on deliveries of qualifying residential houses and apartment units for fiscal year 2025
- Regulation applies to transfers of qualifying new residential houses buildings with residential and commercial areas and apartment units that are ready for occupancy and have a maximum selling price of 5 billion Indonesian rupiahs
- Government VAT payment rates are 100 percent for deliveries made from January 1 to June 30 and 50 percent for deliveries made from July 1 to December 31
- Incentive for an individual is limited to the acquisition of one landed house or one apartment
- Incentive for an individual is capped at 2 billion rupiahs
- Regulation specifies documentation requirements
- Regulation enters into force upon promulgation
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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