might have changed or I might be mistaken but I thought the tax was linked to an odd duck called the NJOP (shown on the cert) rather than the sales price or the current valuation.
As best I can guess the NJOP is a kind of indexed valuation made by the land office and at least in Bali seems to be considerably lower than sales prices and or valuations.
I know for sales tax it is/was set to the higher of NJOP or sales value and for some regencies they contrive a made up valuation too. In our case 2 years ago with a sales price of say 100, the NJOP was about 55 and the contrived valuation was 140. We appealed and arrived at the 100 figure for tax purposes.
