{
    "success": true,
    "data": {
        "id": 1528411,
        "msgid": "vessel-income-tax-erased-1447893297",
        "date": "1997-03-27 00:00:00",
        "title": "Vessel income tax erased",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Vessel income tax erased JAKARTA (JP): President Soeharto has approved the National Maritime Council's proposal to exempt gains from the sale of ships from income tax if the money is used to buy new ships. \"The president has also agreed that ships' crews will be freed from paying income tax,\" the council's deputy chairman, Soesilo Soedarman, said after meeting Soeharto yesterday.",
        "content": "<p>Vessel income tax erased<\/p>\n<p>JAKARTA (JP): President Soeharto has approved the National<br>\nMaritime Council&apos;s proposal to exempt gains from the sale of<br>\nships from income tax if the money is used to buy new ships.<\/p>\n<p>&quot;The president has also agreed that ships&apos; crews will be freed<br>\nfrom paying income tax,&quot; the council&apos;s deputy chairman, Soesilo<br>\nSoedarman, said after meeting Soeharto yesterday.<\/p>\n<p>Soesilo said the Indonesian shipping industry needed<br>\nincentives to encourage local shipowners to expand their fleets<br>\nwith a view to increasing their share of shipping market.<\/p>\n<p>He said local and foreign ships transport 272 million metric<br>\ntons in Indonesia every year.<\/p>\n<p>He said Indonesian-owned ships carried only 2.18 percent of<br>\nthis, or 5.9 million metric tons. (bnt)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/vessel-income-tax-erased-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}