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Indonesia smartphone sales could fall 50 percent under tax plan: association

24
Apr
2014

By Fathiya Dahrul and Randy Fabi JAKARTA (Reuters) – The Indonesian representatives of Apple Inc, Samsung Electronics Co Ltd and other members of a local industry group said smartphone sales could fall by as much as 50 percent if the government imposes a tax on luxury models. The government is considering a 20 percent tax for smartphones retailing at or above 5 million rupiah ($430), which would make Indonesia the most expensive country in Asia to buy an Apple iPhone 5s. The tax would be part of efforts to protect domestic brands such as Evercoss Mobile Phone and MITO Mobile, and slow a surge in imports that has caused a deficit in the countrys current account. The tax would likely be voted on after a new government takes office in October, officials said, and would follow similar action in the auto industry where this month the tax for some luxury cars rose to 125 percent from 75 percent.

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