Education

Understanding Property Tax in Indonesia

When making a purchase of land or villa in Indonesia, it is important to consider not only the standard value-added tax but also other property taxes. These taxes include: Pajak Bumi dan Bangunan (PBB)This is an annual land and building tax that is typically paid by the Lessee in leasehold or yearly rental properties, rather than the landowner. Bea Perolehan Hak Atas Tanah & Bangunan...