Indonesia Seeks to Lengthen Luxury Tax Breaks on Automobile Gross sales: Every day

Govt seeks to continue to fully bear the tax on sales of new cars to support the domestic industry, Investor Daily Indonesia reports, citing Industry Minister Agus Gumiwang Kartasasmita.

  • Industry ministry has proposed to extend the policy to finance ministry, Kartasasmita was quoted as saying
  • NOTE: Govt currently bears such tax for new cars with engine capacity of as much as 1,500 cc until August

To contact the reporter on this story:
Tassia Sipahutar in Jakarta at [email protected]

To contact the editors responsible for this story:
Yudith Ho at [email protected]

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