MRT's NJOP Building will Be Raised Up to 30 Percent

Jakarta Provincial Government intends to raise the taxable value of property (NJOP) building that passed by project of Mass Rapid Transit (MRT) up to 30 percent. 

We'll do adjustment on NJOP for MRT project by raising 30 percent

Jakarta Regional Tax and Retribution Agency, Edi Sumantri disclosed, the rising NJOP is set to maximize regional revenues from tax sector, especially for Urban and Rural Land and Building Tax (PBB-P2). 

Land With NJOP Under Rp 1 B Is Freed from PBB-P2

"We'll do adjustment on NJOP for MRT project by raising 30 percent," he stated, Friday (2/3).

He exemplified, the current value of NJOP for Jendral Sudirman area that passed by MRT is Rp 75 million per meter. The value will eventually be raised 30 percent, precisely at Rp 97.5 million per meter.

"We'll also see potential of other taxes," he expressed.

According to him, other taxes potential that ogled by MRT are Land and Water Tax (PAT), restaurant, advertisement, parking and entertainment.

"After MRT is operated, there will be business areas that have tax potential in each station," he said.