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Academia 1 year ago
PREMIUM
VAT hike sparks criminal risks for entrepreneurs
The recent VAT hike has created a dual rate system that presents liabilities to both entrepreneurs and consumers, pointing to a need for accountability on the part of the public in understanding regulations as well as on the part of government in terms of outreach to ensure effective implementation and to avoid penalizing potential errors resulting from regulatory missteps.
Politics 1 year ago
PREMIUM
House member of PDIP reported to ethics council
The House of Representatives' ethics council summon lawmaker Rieke Diah Pitaloka from the Indonesian Democratic Party of Struggle (PDI-P) for her alleged opposition to the government's plan to hike the value added tax to 12 percent on Jan. 1.
Regulations 1 year ago
PREMIUM
House suggests initial VAT rollout for just luxury goods
Following widespread backlash late last month on the government's plan to hike the VAT rate to 12 percent from Jan. 1, House Commission XI is proposing a selective implementation of the new rate to just luxury goods, both domestic and foreign.
Academia 1 year ago
PREMIUM
China to cement grip in Southeast Asia EV market amid trade war
With Western countries aiming to distance themselves from China by imposing levies on its EV automakers, Chinese manufacturers are set to expand their presence in other emerging markets, particularly Southeast Asia.
