The Coordinating Ministry for Economic Affairs projects a 0.3% inflation rise in 2025 as the 12% VAT takes effect on Jan. 1.

The Indonesian government has announced that the increase in value-added tax (VAT) rate from 11 percent to 12 percent will be ...

Indonesia on Monday announced economic measures to soften the blow of an increase in the value-added tax rate, including ...

The Tax Administration has published instructions and examples of how increases to reduced VAT rates will be applied from the ...

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 Indonesian government has decided to provide incentives for middle-class citizens to assist them in managing the ...

The government is proceeding with its plan of hiking value-added tax to 12 percent at the turn of the year but has announced ...

Indonesia will on Monday announce an economic policy package, including its decision on the value-added tax rate, its senior ...

TEMPO.CO, Jakarta - The Indonesian government has confirmed that the increase in Value Added Tax ( VAT) to 12% will proceed ...

The economic policy package totaling 827 trillion rupiah (US$51.5 billion) is designed to address the weakening purchasing ...

Finance Minister Sri Mulyani Indrawati said that Indonesia's VAT rate remains relatively low compared to other countries.