PROPERTY SALES TAX AND BUYING INTEREST IN INDONESIA

Abstract

The Surabaya city government still applies the old rules, which do not implement a reduction in property sales tax rates. Data from the Office of Revenue and Financial Management (DPPK) The Surabaya city government noted, in 2015 the revenue from property sales tax reached Rp 825 billion. This is the reason behind the Surabaya city government's refusal to reduce property sales tax rates. Based on this, we want to examine whether the policies taken by the Surabaya government to not reduce property sales tax rates can affect the interest of the purchasing power of the people of Surabaya. The population in this study were all people residing in the city of Surabaya. The data collection technique carried out by the researcher was a purposive sampling technique. In this study, researchers used questionnaires as data collection techniques. The results showed that the decision of the Surabaya city government to reject the decline in property sales tax rates did not affect the people's buying interest in property in Surabaya