Indonesian President Prabowo Subianto's U-turn on increasing the value-added tax from 11 to 12 per cent undermines trust in ...

Businesses must adjust strategies to manage the impacts of Indonesia’s VAT increase to 12% while ensuring compliance and ...

Indonesia has officially implemented a 12% value added tax (VAT) on luxury goods and services starting on Jan. 1, a 1 ...

The recent VAT hike has created a dual rate system that presents liabilities to both entrepreneurs and consumers, pointing to ...

Indonesia scaled back its planned increase in the value-added tax rate just hours before it was set to take effect on January 1 amid escalating public outcry. The VAT rate will be increased to 12% ...

Based on recent information, the ASEAN LV market is estimated to have dropped by 6% YoY to 3.11 million units in 2024.

JAKARTA (Bloomberg): Indonesia scaled back its planned increase in the value-added tax rate just hours before it was set to take effect on January 1 amid escalating public outcry. The VAT rate ...

The fees for some digital services, primarily premium subscriptions, have been subject to a 12% VAT since Wednesday, when the ...

Indonesian President Prabowo Subianto is deeply invested in areas of his interest but the policies that fall outside are ...

JAKARTA -- Just five hours before a New Year's Day increase in Indonesia's value-added tax (VAT) rate from 11% to 12% was set to take effect, President Prabowo Subianto announced it would be ...

Indonesia has diluted a planned hike in the country’s value added tax (VAT) due to growing public discontent, just hours before the increase came into effect. Under tax legislation passed in 202 ...

JAKARTA (Reuters) - Indonesia's President Prabowo Subianto on Tuesday said a planned increase in the value-added tax (VAT) rate by one percentage point to 12% effective Wednesday, Jan. 1 ...