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View all search resultsHome Minister Tito Karnavian said regional heads have the authority to increase land and building tax based on a 2022 law on fiscal relations and not because of the central government's efficiency drive.
Indonesia's gold royalty rate is higher than that of most other jurisdictions and is generally perceived as regressive, so the government needs to consider at least four possible actions to maintain competitiveness and encourage investment while boosting revenue.
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.
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.
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.
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