The Indonesian government has announced that the increase in value-added tax (VAT) rate from 11 percent to 12 percent will be ...
The tax-free items include basic food staples such as rice, meat, fish, eggs, vegetables, and fresh milk. Additionally, ...
Europe will see many VAT changes, including new e-invoicing mandates, simplified SME schemes, flexible VAT rate policies, and ...
The government is proceeding with its plan of hiking value-added tax to 12 percent at the turn of the year but has announced ...
Visitors, tourists and business travellers. In short, international tourists who can show proof of overseas residence can get ...
Finance Minister Sri Mulyani Indrawati said that Indonesia's VAT rate remains relatively low compared to other countries.
The economic policy package totaling 827 trillion rupiah (US$51.5 billion) is designed to address the weakening purchasing ...