Tangerang to lose Rp 27b in taxes

TANGERANG (JP): The Tangerang regency and mayoralty will lose a total of Rp 27 billion (US$2.2 million) for the 1998/1999 fiscal year due to a scrapping of 35 taxes and levies May 23.

Regency spokesman Rochimin Sasmita said Friday that 10 taxes, including those on dogs, liquor, butcher houses, company registrations and foreigners, would no longer be collected as of last Saturday according to Law No. 18/1997 on the reduction of tax categories.

The regency also scrapped 19 levies, including those on administrative services, swimming pools, auction documents and medicine retail business licenses, he said.

"The cancellation of these taxes and levies will cut the regency's revenue for the 1998/1999 fiscal year between Rp 12 billion and Rp 32 billion," he said.

The mayoralty scrapped 16 taxes and levies.

"The mayoralty will lose at least Rp 15 billion," Rochimin said. (41)