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Indonesia, VAT
Indonesia presses ahead with VAT hike across the board, not only luxury goods
Indonesia on Monday decided to go ahead with a wide-ranging increase in the value-added tax rate to 12% next year, reversing a plan to only apply the hike to luxury goods, but will introduce measures to soften the blow on lower-income earners.
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 provide 50 percent electricity discount amid VAT hike
Finance Minister Sri Mulyani Indrawati has announced a 50 percent electricity discount for January and February 2025 to protect people's purchasing power
Indonesia announces economic policy package to ease VAT hike impact
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.
Arabian Business
16m
UAE launches world’s first VAT refunds for tourist’s e-commerce retail purchases
The Federal Tax Authority (FTA) has launched a new VAT refund system for e-commerce retail purchases for tourists during ...
cntravellerme
1h
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 ...
Jakarta Globe
24m
From Premium Beef to Elite Schools: 12 Pct VAT to Apply to Luxury Goods
Jakarta. The upcoming 12 percent value-added tax or VAT would apply to luxury goods and services which would include premium ...
7d
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 ...
Antara News
4h
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
4h
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, ...
Business Times
5h
Indonesia rolls out fresh incentives to boost spending amid planned VAT hike
JAKARTA] Indonesia has announced a fresh wave of fiscal incentives to spur consumer spending, including extended tax breaks ...
1h
Indonesia presses ahead with VAT hike across the board, not just for luxury goods
The Indonesian govt will also introduce measures to soften the blow for lower-income earners. Read more at straitstimes.com.
Dhaka Tribune
9h
NBR: Online VAT services to remain suspended on Dec 19-23
All online VAT services, including the Integrated VAT Administration System (IVAS), will remain suspended for 96 hours from 7 ...
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Related topics
Indonesia
Value-added tax
Jakarta
Antara
National Board of Revenue
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