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Indonesia plans tax changes to drive output, exports of greener cars


  • Auto
  • Tuesday, 12 Mar 2019

During a consultation with a parliamentary committee, Finance Minister Sri Mulyani Indrawati(pic) said Indonesia aimed to overhaul its existing scheme so charges were no longer based on engine capacity, but on fuel consumption and carbon emissions.

During a consultation with a parliamentary committee, Finance Minister Sri Mulyani Indrawati(pic) said Indonesia aimed to overhaul its existing scheme so charges were no longer based on engine capacity, but on fuel consumption and carbon emissions.

JAKARTA: Indonesia plans to revise its luxury tax scheme for cars to encourage production of environmentally friendly vehicles and to help promote Southeast Asia's biggest economy as a regional hub for exports, ministers said on Monday.

During a consultation with a parliamentary committee, Finance Minister Sri Mulyani Indrawati said Indonesia aimed to overhaul its existing scheme so charges were no longer based on engine capacity, but on fuel consumption and carbon emissions.

Auto , Automotive , Corporate News , Taxation

   

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