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Jakarta Post

Jakarta to revise taxable value of property after protests

News Desk (The Jakarta Post)
Jakarta
Mon, July 23, 2018 Published on Jul. 23, 2018 Published on 2018-07-23T10:09:30+07:00

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Jakarta to revise taxable value of property after protests A dense Jakarta residential area appears in this undated picture . (kontan.co.id/Cheppy A Muchlis)

T

he Jakarta administration plans revise its taxable value of property (NJOP) after residents and property businesses protested the 19.54 percent increase in the NJOP earlier this month.

Jakarta Tax and Levy Board (BPRD) head Faisal Syahfrudin would meet with governor Anies Baswedan on Monday to discuss the matter, particularly regarding the rezoning of non-commercial areas, said tax and levy management head Johari over the weekend.

He said rezoning non-commercial areas was intended help to decrease the NJOP and property tax, which many believe had overburdened Jakarta residents.

“It is still possible to revise the NJOP and property tax in non-commercial areas, while a revision to commercial areas is unlikely,” said Johari as quoted by kontan.co.id.

He added that the Jakarta administration had intended since the beginning to increase property tax only in commercial areas, and not in residential areas.

For example, said Johari, the NJOP for houses that were used for commercial activities would be different from the NJOP for residential houses in nearby areas.

“[The NJOP] in all residential areas will be studied. They will be our focus for the revision,” he said. (bbn)

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