VATupdate

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Indonesia Raises VAT to 12% on Luxury Vehicles, Finance Ministry Announces

  • The value-added tax will increase to 12%
  • The increase applies to motored vehicles with a luxury sales tax
  • Finance ministry tax officials announced this in Jakarta

Source: news.bloombergtax.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.

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