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Search result with “Luxury Tax” as a keyword founded 113 news.
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
Purbaya Warns 1% VAT Cut Would Wipe Out Rp 70 Trillion in State Revenue
... to reduce the value-added tax (VAT) rate, warning that each ... the higher rate only to luxury goods. Business associations have since ... Lift $145 Billion in 2026 Tax Revenue Earlier this month, Purbaya ...Business Oct 28, 2025 | 7:01 pm
Prabowo Tasks Finance Minister to Lift Tax Revenue, Revise Export Rules
... focus on improving Indonesia’s tax collection and reviewing the country ... consider lowering the value-added tax (VAT) rate if ... said on Tuesday. Under the Tax Regulation Harmonization Law, Indonesia’s ... rate currently applies only to luxury goods, while most goods ...Business Oct 16, 2025 | 6:05 pm
Retail Leaders Call for 9% VAT to Revive Spending and Rival Vietnam’s Growth
... consider lowering its value-added tax (VAT) rate to strengthen ... the government would evaluate tax revenue performance and broader ... Increase on Luxury Goods Starting January 2025 Under the Tax Regulation ... 12 percent rate only to luxury goods, while most goods ...Business Oct 16, 2025 | 4:23 pm
Prabowo Calls Trump’s Tariff Campaign A Wake-Up Call
... tax (VAT) from the current 11 percent to boost purchasing power. Luxury ...Business Oct 16, 2025 | 9:51 am
Finance Minister Mulls VAT Cut to Boost Consumer Spending
... the government will review tax revenue performance through the ... Until 2026 Under the Tax Regulation Harmonization Law, Indonesia ... currently applies only to luxury goods, while most goods ... not offset by stronger tax collection or spending reallocation. ...Business Oct 15, 2025 | 8:52 am
Industry Ministry to End CBU Electric Vehicle Incentives in 2026
... well as reductions in luxury goods sales tax (PPnBM) and value-added ... tax (VAT). The regulation requires each ...News Sep 12, 2025 | 2:29 pm
D-HUB SEZ BSD City Drives Indonesia’s 4 Strategic Sectors
... benefits: tax holidays or tax allowances, exemption from VAT, luxury goods sales tax, customs ...Special Updates Sep 10, 2025 | 7:36 am
From Anger to Action: Public-Private Partnerships as a Path Forward
... and other taxes, affecting both luxury items and everyday goods, ... national budget. However, these tax hikes have had a significant ... fair. By ensuring that tax policies take into account social ... in Harmony Indonesia’s ongoing tax reforms, while aimed at ...Opinion Sep 6, 2025 | 2:51 pm
No More Free Ride: Imported EV Incentives Expire on December 31
... government will end tax incentives for imported battery electric ... fraction of the normal tax burden. Instead of paying ... combined import duty and luxury goods tax, companies enjoyed a steep ... Read More: Indonesia Weighs Tax Incentives to Promote Nickel- ...Business Aug 27, 2025 | 2:49 pm
Erajaya Books $36 Million Profit in First Half of 2025 on Strong Smartphone Sales
... and government incentives, including luxury goods tax breaks and green industry policies ...Business Aug 13, 2025 | 4:52 am
New US Tariffs Cloud Outlook for Exporters in Asia and Beyond
... on pharmaceuticals and a 100 percent tax on computer chips, are already ... the US. A baseline 10 percent tax applies to most others. That ... exports of chocolate, watches, and luxury goods. Canada and Mexico Navigate ...Business Aug 7, 2025 | 2:50 pm
Indonesia Weighs Tax Incentives to Promote Nickel-Based EV Batteries
... is reviewing a plan to offer tax incentives aimed at encouraging electric ... ), import duty exemptions, and luxury goods sales tax (PPnBM) relief. “It’s still ... package would likely combine various tax incentives--VAT subsidies, import duty ...Business Aug 7, 2025 | 2:18 pm
Gov’t Stands by Q2 Economic Data Despite Indef's 'Anomaly' Claim
... noted that tax revenues, including value-added tax (VAT) and luxury tax (PPnBM), were ...Business Aug 6, 2025 | 2:39 pm
Vietnam Automaker Vinfast Opens Factory in India, Eyeing Growth in Asia
... like lower land prices and tax breaks for building locally in ... ,990 in the U.S without a federal tax credit. “India’s stand is very ... , while Hyundai, MG Motors and luxury brands like Mercedes-Benz and ...Business Aug 4, 2025 | 1:45 pm
Industry Group: Indonesia’s Annual Car Taxes 10x Higher Than in Malaysia
... an example of the steep tax burden facing domestic consumers. “The ... . In Indonesia, the annual ownership tax is Rp 5 million, while in ... that the high tax rates are turning cars into luxury items that ...Business Aug 1, 2025 | 4:54 pm
US Trade Partners Around the World React to Trump's New Tariffs
... to Negotiate The land of luxury watches, pharmaceuticals, and secretive financial ... a more beneficial and more reasonable tax rate,” he told reporters in ...Business Aug 1, 2025 | 4:16 pm
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