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Search result with “Luxury Tax” as a keyword founded 109 news.

Bali Registers Almost $393 Million in Tax Receipts

... in value-added tax (VAT) and luxury goods sales tax, totaling Rp ... 1.76 trillion. Property and building tax ... the largest contributor to tax revenue in Bali, reaching ... Darmawan remains upbeat that tax revenues would continue to ...
Business Jun 23, 2026 | 3:03 pm

Tiffany & Co. Store Remains Under Customs Watch Despite Reopening

... import duties, import value-added tax (VAT), and Article 22 import ... income tax. The bill stems from alleged ... part of an investigation into luxury items that were allegedly not ... their actual worth to reduce tax and duty liabilities. Read ...
Business Jun 9, 2026 | 1:35 pm

Indonesia’s Tax Receipts Rise 22% in First Five Months of 2026

... turnaround from 2025, when tax revenue growth remained in ... to the government’s ongoing tax administration reforms, saying ... Value-added tax (VAT) and luxury goods sales tax revenue surged ... expansion of e-commerce. Manufacturing tax revenue grew 19.7%, driven ...
Business Jun 5, 2026 | 5:25 pm

Indonesia’s Growth Paradox: Higher Growth, Poorer People

... secure. Shopping malls remain crowded, luxury consumption still thrives, but the ... households finance domestic demand, generate tax revenues, invest in education, and ...
Opinion May 23, 2026 | 11:57 am

Think Tank Warns Indonesia Tax Revenue Could Miss Target by Rp 484 Trillion

... Value Added Tax (VAT) and luxury goods sales tax receipts, ... drivers such as a broader tax base, stronger taxpayer compliance ... sustainably improved tax administration. “First-quarter 2026 tax growth should ... Purbaya’s Rp 50 M Tax Shortfall Meanwhile, total state ...
Business Apr 29, 2026 | 7:01 pm

Finance Ministry Opens 380 Customs Jobs for High School Graduates

... resource strengthening across both the tax and customs directorates, including internal ... 2,357.7 trillion ($138.9 billion). Indonesia’s tax workforce currently exceeds 45,000 ... Read More: Indonesian Customs Targets Luxury Watch Boutiques Over Suspected Illegal ...
Business Apr 7, 2026 | 4:37 pm

Indonesia Customs Revenue Falls 14.7% as Tax Collection Surges 30%

... Customs Targets Luxury Watch Boutiques Over Suspected Illegal Imports Tax Revenue Strengthens ... Government Finances Tax revenue increased ... came from value-added tax and luxury goods sales tax, which reached Rp ...
Business Mar 11, 2026 | 11:08 pm

Indonesian Customs Targets Luxury Watch Boutiques Over Suspected Illegal Imports

... curb illegal imports and tax evasion, an official said ... without proper declaration to tax authorities. Siswo Kristiyanto, ... tightening supervision of imported luxury goods — particularly high- ... compliance with customs and tax regulations. According to Siswo ...
Business Mar 10, 2026 | 10:23 pm

KPK Arrests New Suspect in Expanding Customs Corruption Probe

... Minister Backs KPK Arrests of Tax, Customs Officials Earlier this month ... currencies, 5.3 kilograms of gold, and a luxury wristwatch from the suspects. Read ... : Indonesia’s Anti-Graft Agency Arrests Tax and Customs Officials in Bribery ...
News Feb 26, 2026 | 10:12 pm

Indonesia Targets Illegal Jewelry Imports, Seals Outlets

... authorities have sealed several luxury jewelry stores in Jakarta ... violations of import and tax rules, as the government ... and tax payments. On Feb. 20, customs officials sealed Bening Luxury, ... with import duty and tax obligations. Nugroho Arief Darmawan ...
News Feb 24, 2026 | 10:55 am

Italjet Unveils Affordable Dragster R200 in Global Premiere in Jakarta

... lower prices by avoiding Indonesia’s luxury tax, which applies to motorcycles with ...
Business Feb 17, 2026 | 11:08 pm

Indonesia Steps Up Oversight of Jewelry Trade After Tiffany & Co Case

... outlets operated by luxury jeweler Tiffany & Co. over alleged tax and import ... values are understated to reduce tax liabilities. “So there were items ... Mulls Overhaul of Gold Jewelry Tax Amid Concerns of Unfair Competition ...
Business Feb 15, 2026 | 6:53 pm

Indonesia Shuts Tiffany & Co Stores over Alleged Undeclared Imports

... three Jakarta outlets operated by luxury jeweler Tiffany & Co. over suspected ... Mulls Overhaul of Gold Jewelry Tax Amid Concerns of Unfair Competition ...
News Feb 12, 2026 | 10:20 pm

KPK Uncovers Rp 7 Billion Monthly Bribe Scheme Involving Customs Officials

... : Indonesia’s Anti-Graft Agency Arrests Tax and Customs Officials in Bribery ... ($2.4 million), 5.3 kilograms of gold, and a luxury wristwatch. The KPK said the ...
News Feb 6, 2026 | 2:08 pm

Scrapping EV Incentives May Be Premature, Analysts Warn

... a 15% reduction in luxury goods sales tax, while locally assembled EVs ... exempt from vehicle ownership tax and transfer fees, worth ... around 15%. Overall, total tax incentives reached about 80% for ... limited to vehicle ownership tax and transfer fee exemptions. ...
Business Jan 25, 2026 | 11:54 pm

Government Still Chasing Rp 442.5 Trillion to Meet 2025 Tax Target

... meet this year’s target. Tax revenue through November contracted ... just 0.7% in October. “Tax collection performance has improved compared ... 1.4%. Value-added tax and luxury goods sales tax stood at Rp ... .9 trillion in non-tax revenue. Tax revenue included Rp 1. ...
Business Dec 19, 2025 | 1:17 pm

Nine Global EV Brands Commit to Local Production in Indonesia, Government Says

... and relief on luxury goods tax and value-added tax, on the condition ...
Business Dec 19, 2025 | 10:56 am

Prosecutors Question Senior Finance Ministry Official in Widening Tax Corruption Probe

... seized one Toyota Alphard and a luxury motorcycle believed to be linked ... Ministry personnel — particularly from the Tax Directorate — and businesspeople in connection ... alleged arrangements in which tax officials reduced corporate tax liabilities in exchange ...
News Dec 2, 2025 | 6:51 pm

Top REI Veterans Voice Support for 8% Growth Goal, Urge Reforms in Housing Sector

... BPHTB (land and building acquisition tax) and PBG (building approval fees ... build affordable, mid-range, and luxury housing within the same project ...
Special Updates Nov 2, 2025 | 3:55 pm

Trump Cuts Tariffs on China After Meeting Xi in South Korea

... an additional 100 percent import tax on Chinese goods, and China ... those summits often happen at luxury spaces, this meeting took place ...
Business Oct 30, 2025 | 5:01 pm
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