gms-aug19-revisions-taxes-ultra-luxury-properties - KPMG | ID
close
Share with your friends

Attractive Revisions to Taxes Payable on the Purchase of Ultra Luxury Properties

Revisions to Taxes on the Ultra Luxury Properties

This edition highlights another updated regulation regarding the decrease of income tax on the sale of Ultra Luxury Properties.

1000

Related content

CEO-outlook-2015-ES

This is a further attempt from the Indonesian Government to stimulate the growth of property sector in Indonesia after the Minister of Finance has previously increased the limit on the sale of Luxury Properties that is subject to Sales Tax on Luxury Goods (PPnBM) to IDR 30 billion and above through the issuance of PMK No. 86/PMK.010/2019.

They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Connect with us

 

Want to do business with KPMG?

 

Request for proposal