Indonesia Sets 15% Tax Rate for Hybrid Car Sales from October

Govt will start imposing higher luxury tax of 15% on hybrid vehicles in Oct., as Indonesia seeks to boost sales of battery electric vehicles to accelerate emission reduction, according to a regulation.

• Indonesia sets different tax rates for eco-friendly vehicles, depending on fuel emission output
• Govt retains 0% luxury tax for battery and fuel cell electric vehicles
• NOTE: Indonesia Offers More Aggressive Tax Perks for Electric Cars (1)

To contact the reporter on this story:
Grace Sihombing in Jakarta at gsihombing@bloomberg.net

To contact the editors responsible for this story:
Yudith Ho at yho35@bloomberg.net

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