
Gov’t Extends Tax Incentive for Automotive Industry to December 2021
The Government has decided to extend 100 percent cut on the Government-borne luxury goods sales tax (PPnBM DTP) for motorized vehicles to December 2021. “The incentive period is extended to stimulate middle class consumption along with positive developments in handling the COVID-19 pandemic,” Head of Fiscal Policy Office of Ministry of Finance Febrio Kacaribu […]