Guidelines on Foreigners’ Property ownership in Indonesia

The government has issued the 14th Economic Policy Package on digital economy and e-commerce on 9 November 2016. The purpose is to encourage the expansion and improvement of economic activity communities throughout Indonesia especially in young generation. The regulation set a tax payment with turnover of IDR 4.8 billion is 1%. The Coordinating Minister for Economic…

MoF Regulation No. 213/PMK.03/2016 dated 30 December 201612/30/20160 Comments0 CommentsMinister of Finance Regulation of Republic of Indonesia Number 172/PMK.010/2016 dated 14 November 201611/30/20160 CommentsLAND AND BUILDING TAX REDUCTION IN MINING/GEOTHERMAL OPERATION IN THE EXPLORATION STAGE Taxpayers of the payable Geothermal Land and Building Tax (PBB) listed on Notification on Tax Due (SPPT) that is still…