- VAT in Indonesia will be raised to 12% in 2025
- Two-phase VAT increase originally scheduled in Tax Harmonisation Law
- VAT rate to increase from 10% to 11% on 1 April 2022
- VAT rate to increase to 12% by 1 January 2025
- Second-stage VAT increase confirmed by Chief Economic Minister Airlangga Hartaro
- Government formulating macroeconomic and fiscal policies for 2025 state budget preparations
Source: tungstenautomation.com
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.
