Facts about RI property tax<\/p>\n
I would like to refer to Dadan Wijaksana's article in The
\nJakarta Post on July 18, 2003, entitled Local taxes don't spook
\ninvestors.<\/p>\n
In his article it stated that \"at present, a regency only gets
\n64 percent of the land and building tax revenue generated within
\nit, with the rest going to the provincial administration and
\nJakarta\".<\/p>\n
If the underlined word in the end of the sentence, Jakarta,
\nrefers to central government then there is a misconception about
\nthe share-out of the land and building tax revenue between
\ncentral government and provincial\/local government.<\/p>\n
According to government Regulation No. 16\/2000 dated March 10,
\n2000, about distribution of the Land and Building Tax Revenues
\nbetween central government and provincial\/local government, in
\nchapter 3 article 1 and 3 we could summarize that the 10 percent
\nshares of the tax revenue belongs to the central government and
\nit will be distributed to local government (not provincial
\ngovernment). Also, the allocation of the central government's
\nshares are distributed evenly to all local governments and the
\nremaining 35 percent are distributed as incentives to all local
\ngovernments whose realizations of the land and building tax
\nrevenue for the last budget year exceeded the target.<\/p>\n
We can conclude that basically the central government's shares
\non the land and building tax revenue are shared out for all the
\nlocal governments (Pemda Tk. II). In the end, \"Jakarta\" would
\nnever get shares from these taxes.<\/p>\n
TOGIHON TAMBUNAN
\nPontianak, West Kalimantan<\/p>",
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