Jakarta, CNBC Indonesia – Finance Minister Sri Mulyani Indrawati said that her party is currently reviewing the expansion of the sales tax coverage on luxury goods (PPnBM) for new car sales. Where currently the 0% tax applies which began on March 1, 2021. Sri Mulyani explained that this expansion was mainly for the capacity of … Read more
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JAKARTA, KOMPAS.com – Realization car sell in the domestic market in February 2021 experienced a decline of up to 15 percent as a result of the discourse on the imposition of a Sales Tax on Luxury Goods (PPnBM) up to 100 percent. Industry Association Motor vehicle Indonesia (Gaikindo) noted, the achievement of sales from factories … Read more
Jakarta, CNBC Indonesia – The government has provided incentives for the sales tax on luxury goods (PPnBM) borne by the government (DTP) for the purchase of cars. Not only for consumers, this ‘sweet jamu’ will also be felt by investors in the stock market. The car PPnBM incentive applies with the following conditions: Sedan or … Read more
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SURABAYA, KOMPAS.com – Toyota Auto2000 authorized dealer on Jalan Basuki Rahmad, Surabaya, East Java, has a special way of welcoming and interpreting the 0 percent Sales Tax on Luxury Goods (PPnBM) incentives. Head of Auto2000 Branch Basuki Rahmad, Iksir Thouby said that the PPnBM policy from the central government through the Ministry of Finance would … Read more
ILLUSTRATION. The PPnBM incentive is considered ineffective in raising car sales, this is the reason Reporter: Danielisa Putriadita | Editor: I knew Laoli KONTAN.CO.ID – JAKARTA. Sales tax incentive sentiment on luxury goods (PPnBM) for motor vehicles as of March 2021 has a positive effect on car sales. However, analysts say the factor of public … Read more
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JAKARTA, KOMPAS.com – Since the beginning of March 2021, the Government officially imposed a Sales Tax on Luxury Goods tax incentives ( PPnBM) zero percent for new cars. The regulation is stated in the Minister of Industry Decree No.169 of 2021, concerning Motor Vehicles with Sales Tax on Luxury Goods for the Delivery of Taxable … Read more
Jakarta, CNBC Indonesia – The government has issued a list of cars that get relief in the form of Sales Tax on Luxury Goods (PPnBM) of 0% which takes effect from Monday (1/3/2021). This week, the Ministry of Industry also issued a Decree of the Minister of Industry Number 169 of 2021 concerning Motor Vehicles … Read more
Jakarta, CNBC Indonesia – Cars with engine cubes of less than 1,500 cc with two-wheel or 4×2 as well as sedans with an engine capacity of less than 1,500 cc will receive tax relief in the form of luxury sales tax (PPnBM) from March-May 2021. With an estimated PPnBM for each car of 10%, each … Read more
Jakarta, CNBC Indonesia – President Joko Widodo (Jokowi) agreed to provide relaxation for the luxury sales tax (PPnBM) for the automotive sector during 2021, especially for cars under 1500 cc starting March 1, 2021. This policy will have a significant impact on future car sales. Understandably, in the last few months, car sales have not … Read more
ILLUSTRATION. Head of the Ministry of Fiscal Policy Agency, Febrio Nathan Kacaribu Reporter: Yusuf Imam Santoso | Editor: I knew Laoli KONTAN.CO.ID – JAKARTA. Head of the Fiscal Policy Agency (BKF) of the Ministry of Finance (Kemenkeu) Febrio Kacaribu said that his party is still studying and calculating the impact of the sales tax exemption … Read more