New Provisions on Land & Building Tax

DDTC Newsletter Vol.02 | No.11

20 December 2019

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This edition reviews several new provisions related to the Land and Building Tax, primarily for the Plantation, Mining, and Forestry Sectors (PBB-P3). As of 1 January 2020, the government will expand the classification of tax objects for PBB-P3 and other sectors. In addition, the reporting format for Tax Object Notification Letter (SPOP) for PBB-P3 will be uniformed based on the new regulation. In terms of import duties, the government will expand the scope of exemptions for imports of goods conducted by the government intended for the public interest. Further, this newsletter reviews the DGCE’s supervision functions in the water sector through water patrol as stipulated in the form of MoF Regulation.

Contents

• Increased Role of the Directorate General of Customs and Excise in the Maritime Supervision Function
• Uniforming the Format Tax Object Notification Letter for Land & Building Taxes
• Re-stipulation of Import Duty Exemptions on Public Goods Imported by the Government
• Expanded Classification of Land and Building Taxable Objects and Revised Sales Value of Taxable Object

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