- Indonesia will extend full VAT relief on housing purchases through 2026.
- The policy aims to support growth and strengthen the property sector.
- The VAT exemption applies to homes priced up to 5 billion rupiah.
- The initiative is part of a broader economic package to boost jobs and investment.
- The government expects this to stimulate housing purchases and construction activity.
Source: en.antaranews.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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