Indonesia brings tax relief to Reits in reform drive

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By John Loh
07 Apr 2016

Indonesia is set to introduce new tax breaks for real estate investment trusts and could push through other reforms in a bid to get the asset class going. But even as local property owners have begun to mull plans to push their real estate into Reits, there are still kinks that need to be ironed out. John Loh reports.

A maze of prohibitive tax laws on real estate transactions have in the past prevented progress on Reits in Indonesia, but the country has been making headway in recent months.

The finance ministry issued new regulations in November that effectively scrapped double taxation on Reits. And in the ...

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