Value Added Tax
Netflix, Spotify Subscriptions Exempt from 12 Percent VAT Hike
English
sekitar 1 tahun lalu
The Indonesian government has decided to maintain the 11 percent Value Added Tax (VAT) rate for streaming services such as Netflix and Spotify, forgoing a planned increas
Indonesia Announced VAT-Exempt Goods and Services
English
sekitar 1 tahun lalu
Indonesian President Prabowo Subianto emphasized that the increase in the Value Added Tax (VAT) rate to 12 percent, effective January 1, 2025, will only apply to luxury g
Government Confirms No VAT on QRIS and E-Money Payments
English
sekitar 1 tahun lalu
Indonesian Coordinating Ministry for Economic Affairs Airlangga Hartarto said that the virtual payments through the Quick Response Code Indonesian Standard (QRIS) and e-M
Minister Ensures VAT Increase Policy Wil Not Affec MSMEs
English
sekitar 1 tahun lalu
The Minister of Cooperatives and Small and Medium Enterprises, Maman Abdurachman, believes that the government’s policy on adjusting the Value Added Tax (VAT) to 12 perce
Kadin Chairman Highlights VAT Hike on 12 Percent
English
sekitar 1 tahun lalu
The Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Bakrie, spoke out regarding the government's policy to raise the Value-Added Tax (VAT) to
VAT Rate to Rise by 12 Percent from January 2025 in Indonesia
English
sekitar 1 tahun lalu
The government has confirmed that the Value Added Tax (VAT) rate will increase to 12 percent starting January 1, 2025.
Prabowo Confirms 12 Percent VAT Hike Targets Only Luxury Items
English
sekitar 1 tahun lalu
President Prabowo Subianto confirmed that the 12 percent value-added tax (VAT) increase, set to take effect on January 1, 2024, will only apply to luxury goods.
Government Ensures Essential Goods Secured from VAT
English
sekitar 1 tahun lalu
Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized that certain essential goods and basic necessities will not be subject to the planned 12% VAT.
Minister: No Talks Yet on Postponing 12 Percent VAT Implementation
English
sekitar 1 tahun lalu
The Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that the government has not yet discussed postponing the implementation of a 12 percent VAT.
Ministry Reveals Cost Components to Lower Airfares
English
sekitar 1 tahun lalu
The government plans to reduce domestic flight ticket prices by up to 10 percent during the Christmas and New Year (Nataru) period of 2024-2025.
An Economist Predicts Drop in Spending as VAT Hits 12 Percent
English
sekitar 1 tahun lalu
An economist from the Institute for Development of Economics and Finance (INDEF) has cautioned the government about the potential impact of raising the Value-Added Tax.
The Negative Impact of Indonesia's VAT Increase to 12 Percent
English
sekitar 1 tahun lalu
The government plans to raise the Value Added Tax (VAT) rate to 12 percent starting on January 1, 2025.
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