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Indonesia imposes luxury goods tax (Indonesian: Pajak Penjualan atas Barang Mewah (PPnBM)) based on engine displacement and body type. [78] While dimensions aren't used in the classification, sedan and station wagon body type are taxed differently. This tax scheme was phased out in October 2021 in favour of an emission-based classification. [79]
PT Bank CIMB Niaga Tbk is Indonesia's sixth largest bank by assets, established in 1955. CIMB Niaga, which is majority-owned by CIMB Group, is the largest payment bank in terms of transaction value under the Indonesian Central Securities Depository.