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Indonesia Revises Property Price for Luxury Goods Sales Tax

JAKARTA (TheInsiderStories) - Indonesia's government lifted the price limit of luxury residence that's being imposed with 20 percent sales tax, by more than double....

Morning Briefing: Indonesia to Revise Luxury Car Taxes

JAKARTA (TheInsiderStories) – Good morning! Indonesian Government to revise luxury goods sales tax on cars to boost automotive production and export. The scheme revision...

Indonesia Considers to Remove Luxury Homes Taxes to Drive Property Business

JAKARTA (TheInsiderStories) - Indonesian government considers to remove the tax on the purchase of luxury homes to encourage the growth of the property business. Currently, the...

Chinese and French Investors to Build Nickel Plant in Indonesia

JAKARTA (TheInsiderStories)--Chinese and French investors are interested in building a nickel plant for a lithium battery in North Halmahera, North Maluku. The lithium batteries will...