- Indonesia extends full VAT incentive on residential property purchases until the end of 2025
- The incentive aims to sustain household demand and support economic growth
- Initially set at 50 percent for the second half of 2025, now maintained at 100 percent
- Covers transactions from July to December 2025
- Provides full VAT exemption for property selling price up to 2 billion IDR
- Applies to landed houses or apartments priced up to 5 billion IDR
- Available for one unit per individual buyer
- Indonesian citizens must register with a tax ID or national identity number
- Foreigners eligible if they hold a tax ID and meet property ownership requirements
Source: en.vietnamplus.vn
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.
Latest Posts in "Indonesia"
- Indonesia Extends 100% VAT Waiver on Residential Properties for Foreigners Until End of 2025
- Government Allocates Rp 3.4 Trillion for Housing VAT Waiver Extension to 2026
- Free Trade Agreement between the EU and Indonesia
- Indonesia Exempts Crypto Asset Transactions from VAT Under New Finance Minister Regulation
- Indonesia Revises VAT Rules to Ensure Fair Competition in Digital Economy for Foreign E-commerce
