The Automotive Sector is Showered with More Tax Incentives

July 27, 2024, 10.25 AM | Reporter: Dendi Siswanto

ILUSTRASI. Pengunjung mengamati mobil konsep Honda SUSTAINA-C /pocket Concept di Gaikindo Indonesia International Auto Show (GIIAS) 2024, ICE BSD Tangerang Selatan, Banten, Jumat (26/7/2024). Pameran otomotif Gaikindo Indonesia International Auto Show (GIIAS) 2024 menampilkan sejumlah mobil baru dari beberapa brand otomotif. Tak hanya itu, beberapa brand juga menampilkan mobil konsep. Kebanyakan mobil konsep menampilkan tampilan yang futuristik dan mencerminkan ekosistem kendaraan di masa mendatang./pho KONTAN/Carolus Agus Waluyo/26/07/2024.

JAKARTA, TAX INCENTIVE - The Indonesian government is considering the reintroduction of a tax incentive on luxury goods sales (PPnBM) to stimulate the purchase of automobiles. This policy is aimed at boosting car sales and, in turn, stimulating the national economy.

Susiwijono Moegiarso, Secretary of the Coordinating Ministry for Economic Affairs, stated that the review of the PPnBM incentive was initiated after the government received a proposal from the Association of Indonesian Automotive Industries (Gaikindo). "The PPnBM scheme has proven to be highly effective in maintaining market demand. They reported a significant decline in automotive demand in the first half of the year," he said on Thursday (25/7).

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