mugwump
Some years back the government required a tax on real estate owned by Indonesian citizens in accordance with what had been paid for land and homes.Recently I was told that this tax also included other assets as well. In fact it was implied that new automobiles were taxed at 14%.This would seem to be a tax on numerous expensive assets after acquiring them. When pursuing this with a notaris encountered no acknowledgment, but since it wasn't real estate perhaps it was beyond his realm?Does anyone out there have knowledge of such taxation, and at the rate of 14%?Thanks ahead for your input.
AuroraB
According to pwc pocket tax guide linked below:[URL unfurl="true"]https://www.pwc.com/id/en/pocket-tax-book/english/pocket-tax-book-2022.pdf[/URL] Page 81-82:In addition to transaction tax, there is a annual land and building tax (PBB) to be paid, maximum 0.5% of land/building sale value. There is no mention of having to include vehicles as part of PBB taxation. After purchase, vehicles are to my knowledge only subject to an annual tax (PKB), 2% of selling value paid to samsat (police).[URL unfurl="true"]https://auto2000.co.id/berita-dan-tips/cara-menghitung-pajak-mobil#[/URL]
mugwump
According to pwc pocket tax guide linked below:[URL unfurl="true"]https://www.pwc.com/id/en/pocket-tax-book/english/pocket-tax-book-2022.pdf[/URL] Page 81-82:In addition to transaction tax, there is a annual land and building tax (PBB) to be paid, maximum 0.5% of land/building sale value. There is no mention of having to include vehicles as part of PBB taxation. After purchase, vehicles are to my knowledge only subject to an annual tax (PKB), 2% of selling value paid to samsat (police).[URL unfurl="true"]https://auto2000.co.id/berita-dan-tips/cara-menghitung-pajak-mobil#[/URL][/QUOTE]Thanks, appreciate your help
britoo
According to pwc pocket tax guide linked below:[URL unfurl="true"]https://www.pwc.com/id/en/pocket-tax-book/english/pocket-tax-book-2022.pdf[/URL] Page 81-82:In addition to transaction tax, there is a annual land and building tax (PBB) to be paid, maximum 0.5% of land/building sale value. There is no mention of having to include vehicles as part of PBB taxation. After purchase, vehicles are to my knowledge only subject to an annual tax (PKB), 2% of selling value paid to samsat (police).[URL unfurl="true"]https://auto2000.co.id/berita-dan-tips/cara-menghitung-pajak-mobil#[/URL][/QUOTE]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.
AuroraB
Yes, the sale value (I referred to under #2) is calculated from the highest of NJOP or actual transaction value as you pointed out.
