- Indonesia’s Minister of Finance extended VAT and LST facilities for electric vehicles and residential properties through 2025.
- Regulation Number 135 of 2024 and Regulations Number 12 and 13 of 2025 were issued to continue support.
- PMK-135 extends LST facility for qualifying electric vehicles from January to December 2025.
- PMK-12 extends VAT facility for battery-based electric vehicles and introduces LST facility for low carbon emission vehicles.
- Government bears a portion of VAT on sales of qualifying electric vehicles and electric buses.
- LST facility for low carbon emission vehicles includes full hybrid, mild hybrid, and plug-in hybrid vehicles.
- PMK-13 extends VAT facility for sales of residential properties through 2025.
- Government bears 100% VAT for property transfers from January to June 2025 and 50% from July to December 2025.
Source: taxathand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
