REI Requests Tax Relaxation for Property Sector | KF Map – Digital Map for Property and Infrastructure in Indonesia
REI Requests Tax Relaxation for Property Sector
Friday, 29 May 2020

To ease pressure on the property companies, the Indonesian Real Estate (REI) is requesting for the government to provide further incentives in the form of tax relaxation, including the deletion of PPh 21 (tax revenue), the reduction of corporate income tax (PPh Badan), the reduction of final PPh from 10% to 5% and the reduction on transactional final PPh from 2.5% to 1% based on the actual transaction value, not the assessed value (NJOP).

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