- Indonesia’s Directorate General of Taxes collected 1 billion USD in value added tax (VAT) from 161 trading business actors through the Electronic System (PMSE).
- The amount collected includes deposits from 2020 to 2023.
- The government has regulated the appointment of PMSE business actors to collect VAT from their customers.
- Business actors appointed as VAT collectors must collect at an 11% rate for foreign digital products sold in Indonesia.
- Collection of VAT must be accompanied by proof such as commercial invoices or order receipts.
- Criteria for business actors to be appointed as PMSE VAT collectors include exceeding a certain value of transactions or number of traffic in Indonesia.
Source: en.vietnamplus.vn
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
