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Indonesia, VAT
Indonesia presses ahead with VAT hike across the board, not only luxury goods
Indonesia on Monday announced economic measures to soften the blow of an increase in the value-added tax rate, including electricity tariff cuts, incentives for labour-intensive industries, and VAT exemption on some property sales.
Indonesian govt offers discounts to ease 12% VAT impact on citizens
The Indonesian government has decided to provide incentives for middle-class citizens to assist them in managing the potential economic impact of the 12
Indonesia Goes Ahead With VAT Hike, Offers Perks to Soften Blow
Indonesia will proceed with its value-added tax hike in 2025, while offering a raft of incentives to mitigate the impact on consumption and economic growth.
Indonesia to announce economic policy package, VAT rate on Monday
Indonesia will on Monday announce an economic policy package, including its decision on the value-added tax rate, its senior economic minister said after a meeting with President Prabowo Subianto. The government has previously said Indonesia would increase the VAT rate to 12% from the current 11% in January 2025,
Antara News
1d
Government to officially apply 12 percent VAT starting from January 1
The Indonesian government has announced that the increase in value-added tax (VAT) rate from 11 percent to 12 percent will be ...
Jakarta Globe
1d
These Commodities and Services Are Exempt from VAT
The tax-free items include basic food staples such as rice, meat, fish, eggs, vegetables, and fresh milk. Additionally, ...
9d
VAT In Europe: Key Reforms And Changes Coming In 2025
Europe will see many VAT changes, including new e-invoicing mandates, simplified SME schemes, flexible VAT rate policies, and ...
The Jakarta Post
1d
Govt proceeds with VAT hike but rolls out incentives to soften blow
The government is proceeding with its plan of hiking value-added tax to 12 percent at the turn of the year but has announced ...
cntravellerme
1d
Shop more and pay less tax with VAT refunds in the EU
Visitors, tourists and business travellers. In short, international tourists who can show proof of overseas residence can get ...
Tempo
17h
Sri Mulyani Says Indonesia's VAT Rate Relatively Low Compared to Other Countries
Finance Minister Sri Mulyani Indrawati said that Indonesia's VAT rate remains relatively low compared to other countries.
Channel NewsAsia Singapore
8h
Indonesia announces economic policy package to ease VAT hike impact
The economic policy package totaling 827 trillion rupiah (US$51.5 billion) is designed to address the weakening purchasing ...
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