Govt to impose luxury good taxes on all cell phone segments
The Jakarta Post
The Jakarta Post
The trade and industry ministries plan to impose luxury good sales taxes (PPnBM) on cell phones across all segments in a bid to spur growth in the domestic industry.
Previously, the trade ministry said that the 20 percent tax would be imposed only on smartphones priced above Rp 5 million (US$442.28) per unit.
"Every cell phone is categorized as a luxury good," Trade Minister Muhammad Lutfi said in Jakarta on Monday as quoted by kontan.co.id.
Meanwhile, Industry Minister MS Hidayat said that his team was currently discussing the possibility of the planned policy.
"We are still brainstorming on the floor price of cell phones. It is possible that all cell phones will be affected [by this policy]," Hidayat said, adding that the new policy was expected to be implemented before the new Cabinet is inaugurated.
Kontan.co.id said that there were at least four phone assembling plants operating in Indonesia: Polytron, Advan, Evercross and Mito.
Indonesia imported 60 million smartphones worth Rp 3 trillion throughout 2013. (nfo/nvn)
You might also like :
- Australia hopes Indonesia will join TPP-11
- Turnbull lauds Jokowi's leadership, calls him 'role model'
- Xi gets second term with powerful ally as VP
- Baby Donald Trump causes a stir in Afghanistan
- Russia expels 23 British diplomats in spy poisoning row
- LIPI researcher looks to curcumin, gold to treat cancer
- Immigration officers detain overstaying foreigners, fraudsters
- Three must-see North Maluku festivals
- For bankers transplanted by Brexit, a guide to life in Frankfurt
- Suharto's youngest son in new push to get into Indonesian politics