Indonesian Government Set To Drop the Luxury Tax On Yachts
The Indonesian government is currently considering plans to do away with the tax in an effort to boost the country’s tourism trade, Indonesia Investments reports. “Scrapping the PPnBM on foreign cruise ships & luxury yachts would encourage the arrival of ships and yachts to Indonesia, hence boost the number of foreign tourists and hence would enable authorities to collect more foreign exchange earnings from the tourism industry.” – Indonesia Investments.









