Comments on: Indonesia: Luxury Sales Tax to be Fully Eliminated on Vehicles with at least 80% Local Content https://carspiritpk.com/indonesia-luxury-sales-tax-to-be-fully-eliminated-on-vehicles-with-at-least-80-local-content/?utm_source=rss&utm_medium=rss&utm_campaign=indonesia-luxury-sales-tax-to-be-fully-eliminated-on-vehicles-with-at-least-80-local-content Pakistan's Trusted Automobile Blog Wed, 22 Dec 2021 10:33:35 +0000 hourly 1 https://wordpress.org/?v=6.7.1 By: Ali Khan https://carspiritpk.com/indonesia-luxury-sales-tax-to-be-fully-eliminated-on-vehicles-with-at-least-80-local-content/#comment-7793 Wed, 22 Dec 2021 10:33:35 +0000 https://carspiritpk.com/?p=47275#comment-7793 ]]> Wow! this was something I pointed out in my last article.

https://carspiritpk.com/pakistan-auto-industry-what-is-going-on/#:~:text=Expanding%20on%20the,auto%20industry%20entities.

Give the local companies, both car manufacturers and parts manufacturers, incentives to adopt and fast track localization. The more localized a car is the lower the tax rate on it. Also, adding to this, the more a company achieves in export goals, the better its tax rate. Makes sense; To the Indonesians at least because they adopted something along that line here.
Our guys make hasty policies, see that they are not working, take back the incentives or add more taxes and just keep the whole thing unbalanced.😤

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