Government to Implement Tax Stimulus in the Property Sector | KF Map – Digital Map for Property and Infrastructure in Indonesia
Government to Implement Tax Stimulus in the Property Sector
Tuesday, 29 October 2024

President Prabowo Subianto prepares a number of stimulus for the property sector, comprising the exemption of 11% Value Added Tax (PPN), 5% Land and Building Right Transfer Duty (BPHTB), and the program of 3 million livable houses. The government plans to implement the 16% exemption of PPN and BPHTB for one to three years.

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