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Updated PPnBM Tax Rates Set for Sales of Electric Vehicles

In an effort to accelerate thedevelopment of battery-powered electric vehicles and their related ecosystems within Indonesia, the government recently issued an amendment to Regulation of the Government No. 73 of 2019 on Taxable Luxury Goods in the Form of Motor Vehicles Subject to the Imposition of Luxury-Goods Sales Tax (“ No. 74 of 2021 (“

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