Expansion of Special Consumption Tax to Include Drones and Watches in Draft Omnibus Law

• Proposed draft law aims to expand special consumption tax to drones and watches
• Currently, special consumption tax only applies to luxury goods such as cars and yachts
• Government hopes to increase revenue by taxing new categories of goods
• Critics argue that this will make drones and watches more expensive for consumers
• Debate ongoing about potential impact on industry and consumers

Source: research.ibfd.org

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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