Buying villa without IMB

[sakumabali]

Land and Building Tax
Property is assessed in two ways: first the land is valued, then any development that is present on that land is valued. Property taxes are therefore calculated on both the land's worth and any buildings that might occupy it. Property tax in Indonesia is thus defined as Land and Building Tax or Pajak Bumi dan Bangunan.

Land and Building Tax is paid annually and is administered by the local offices of the Directorate General of Taxes (Direktorat Jenderal Pajak, Kementerian Keuangan Republik Indonesia).

Rates vary by region, but are generally between 0.1 percent to 0.2 percent of the property's value. Tax re-assessments take place every three years, except in fast-growing areas where re-assessment takes place every year.

Residences valued in excess of one billion rupiah are taxed at the top of the tax scale (0.2 percent). On the other end of the scale, properties valued at less than eight million rupiah are exempt from any tax as are properties used for the public benefit (social, educational, and religious purposes)

 

[Markit]

Sak does this mean that the land and the buildings are assessed separately? If so what rate is applied as my land is worth less the 1billion but the house more...

 

[sakumabali]

forget the building tax markit, u just pay the land tax. just like value added....depends about the area. cheers!

 

[Markit]

So the value of the land PLUS the value of the buildings is assessed? Or just the land, I'm confused now.

 

[sakumabali]

as far as I know u pay the building tax just one time (if necessary : contractors pay 10 % of the building expenses and "private builder" less around 4-5 %), the land tax should be paid annually BUT in real nobody pays it (lack of paying it online etc) so most people just pay it during transactions :icon_wink: