VATupdate

Share this post on

Indonesia to Unveil Economic Policy, Adjust Luxury VAT Rate on Monday

The government has previously said Indonesia would increase the VAT rate to 12% from the current 11% in January 2025, but only for luxury items, as a means of supporting low-income people

Source: reuters.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.

Sponsors:

VAT news

Advertisements: