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Regulation No. 32/PMK.03/2005 on procedures for sharing results of revenue from land and building title acquisition fee between the central and regional governments.

Country/Territory
Indonesia
Document type
Regulation
Date
2005
Source
FAO, FAOLEX
Original source
Business News No. 7245, 5 August 2005, pp. 30A-34A and Business News Nos. 7246-7247, 10 August 2005, pp. 13A-16A.
Subject
Land & soil
Keyword
Tax/levy Land valuation
Geographical area
Asia, Asia and the Pacific, East Asian Seas, Indian Ocean, South-Eastern Asia
Entry into force notes
This Regulation enters into force on 23 May 2005.
Abstract

Results of revenue from land and building title acquisition fee are shared by the central and regional government with a ratio of 20 percent and 80 percent, respectively (art. 2). Tax service offices shall issue decisions on the stipulation of the sharing of results of revenue and orders to pay to the sharing of results of revenue to the respective provinces and regencies/cities (art. 3). Results of the revenue constitute regional income.

Full text
English