Jakarta Targets Rp 7.9 Trillion in Vehicle Taxes

Economics & Macro

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04/04/2017 11:28 WIB

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Jakarta DKI Provincial Government Vehicle Tax Revenue 2012-2017E

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Jakarta Targets Rp 7.9 Trillion in Vehicle Taxes

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Jakarta DKI Provincial Government Vehicle Tax Revenue 2012-2017E

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The Jakarta Provincial Government targeted Rp 7.9 trillion in revenue from motor vehicle taxes in 2017, an increase of Rp 850 billion compared to Rp 7.05 trillion in 2016. Motor vehicle tax is the largest component of taxes in Jakarta. Meanwhile, total tax revenue for Jakarta this year is targeted at Rp 35.23 trillion.

The Jakarta Provincial Regional Tax and Revenue Agency recorded a potential motor vehicle tax revenue of Rp 7.5 trillion, comprising Rp 5.9 trillion from active vehicles and Rp 1.6 trillion from inactive vehicles. This figure is calculated based on the number of vehicles circulating in the capital city. Furthermore, in the last three years, 3.8 million motor vehicles in Jakarta have had outstanding taxes totaling approximately Rp 2 trillion.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."