Acquisition Levy of Right of Land and Building (“BPHTB”) is a over legal act or event that results on an acquisition of right of land and/or building by person or legal entity. On 13 October 2016, the Governor of Special Capital City of Jakarta issued a Governor of...
To accelerate the implementation of development program, government later issued Government Regulation Number 34 of 2016 on Income Tax on Income from Transfer of Land and/or Building Right, and Conditional Sales and Purchase of Land and/or Building Agreement including...
Background Ministry of Public Works and Public Housing issued new regulations, namely Ministry of Public Works and Public Housing Regulation No. 01/PRT/M of 2015 on Cultural Heritage Buildings Preserved (“Permen 01/2015”). This regulation came into force since 24...
Background On 31 December 2015, Minister of Finance Republic of Indonesia has issued the Minister of Finance Regulation Number 269/PMK.010/2015 on the Limitation of Selling Price of Modest Condominium Unit and Individual Income Who Obtains the Modest Condominium Unit...
Background Jakarta is the capital city of Indonesia. A city that never sleeps and a city always surrounded by luxury and glamour. Many people come here to realize their dreams or at least get a better life. Technology has developed, urban planning is being planned,...
Background As a form of law implementation of Article 182 point 1 of Regulation Number 28 of 2009 on Local Retribution and Tax, Joint Regulation of the Ministry of Finance and Home Affairs No. 213/PMK.07/2010 and No. 58 of 2010 on the Preparatory stages of Land...
Nowadays, an apartment has become one of the most popular option as residence. Apartments are built all over the cities and hundreds of people live in it. However, not everyone knows the legal aspects of living in an apartment. In this article, there will be...
Based on the Law of Republic of Indonesia Number 20 of 2011 on Condominium (“Condominium Law”), the definition of Certificate of Building Ownership of Condominium Unit (“SKBG Sarusun”) is an evidence of the ownership of condominium unit above the objects owned by...
Reviewing implications of indonesia’s new condominium law on the property industry