- Indonesia decided on Monday to increase the value-added tax rate to 12% next year
- The increase will apply broadly and not just to luxury goods as previously planned
- Measures will be introduced to lessen the impact on lower-income earners
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.
