Indonesia’s VAT hike to 12% in 2025 will expand taxable goods, including items once VAT-free, says economist Andri Perdana.

The government announced on Dec. 16 that a partial VAT waiver on certain house purchases would be extended to mid-2025, and ...

JAKARTA] Set to be the country’s biggest listing in more than a year, the Indonesian arm of Mr DIY – a Malaysian home ...

Finance Minister Sri Mulyani Indrawati said that Indonesia's VAT rate remains relatively low compared to other countries.

Value-Added Tax (VAT) of 12% will start at January 1, 2025. Taxes on streaming services such as Netflix and Spotify will also ...

Indonesia will offer a sales tax incentive on Government-borne Luxury Goods (PPnBM DTP) of 3% for hybrid cars from next year.

Megacap tech shares muscled the S&P 500 and the Nasdaq to higher closes on Monday as U.S. Treasury yields paused ...

Indonesia will proceed with its value-added tax hike in 2025, while offering a raft of incentives to mitigate the impact on ...

The National Board of Revenue (NBR) yesterday removed all import taxes on sunflower and canola oils in a bid to encourage imports, boost the supply of edible oil and curb their soaring prices in the ...

The National Board of Revenue (NBR) today eliminated all import taxes on sunflower and canola oils in a bid to encourage ...

Three global car manufacturers are committed to establishing automotive factories in Indonesia, primarily to produce electric ...