Jakarta, CNN Indonesia —
Former employee of the Directorate General (DG) of Taxes, Ministry of Finance, Rafael Alun Trisambodo, claims that his assets have not increased since 2011. However, the value of his assets shot up to IDR 56 billion due to an increase in the sale value of tax objects (NJOP).
Quoting various sources, NJOP is a very important legal document such as deed of sale and purchase and certificate of ownership, which includes land and buildings.
According to Law Number 28 of 2009 concerning Regional Taxes and Regional Retributions, NJOP is the average price obtained from sale and purchase transactions that occur naturally or it can also be in the form of the total estimated price of buildings and land based on the calculation of the area of land and buildings.
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If there has never been a sale and purchase transaction before, the NJOP can be determined by comparing the prices of similar properties, the value of the new acquisition, and the replacement NJOP.
However, the value of the NJOP can fluctuate depending on the increase or decrease in land and property prices in the area. Property prices in the city center are usually different from those in the suburbs.
In addition, the NJOP value can also change at any time depending on regional development conditions. NJOP will be determined once every 3 years through a Minister of Finance decision based on Law no. 12 of 1985 concerning PBB, Chapter V, Paragraph 2.
Although, if the area experiences rapid development, the NJOP can be changed every year.
To determine the amount of value, you must find out the following three things, namely:
– NJOP/meter of land and buildings at the location of the house
– Calculate the total land area
– Calculate the total building area
After finding out the NJOP/meter and the area of land and buildings, then apply this formula which can help in calculating NJOP.
1. Total land price = land area x NJOP/meter of land
2. Total building price = building area x NJOP/building meter
3. The selling price of the house = the value of the land price + the value of the building price
(Gambas:Video CNN)
(du/sfr)
(Gambas:Video CNN)