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Jakarta Post
The Jakarta Post
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value-added-tax

Facebook, TikTok among digital companies required to collect VAT in Indonesia
Business 5 days ago

Facebook, TikTok among digital companies required to collect VAT in Indonesia

Under Indonesia's new rules, nonresident foreign companies that sell digital products and servic...
Taxing digital products
Editorial 1 month ago

Taxing digital products

The argument behind the law quite strong. It is imperative to create a level playing field because c...
Imposing VAT on digital economy is never easy
Opinion 1 month ago

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Imposing VAT on digital economy is never easy

At least, there are two challenges for the enactment of this regulation. First, how do we get PPMSEs...
COVID-19: Key points of Germany's mega stimulus
Business 2 months ago

COVID-19: Key points of Germany's mega stimulus

Germany's biggest post-war package, worth around 130 billion euros (US$150 billion), includes cu...
Higher Netflix bill? Govt to charge VAT on imported digital goods, services starting July
Business 2 months ago

Higher Netflix bill? Govt to charge VAT on imported digital goods, services starting July

The 10 percent value-added tax will be imposed on all digital goods and services provided by foreign...
Saudi triples VAT, suspends handouts in virus-led austerity drive
Business 3 months ago

Saudi triples VAT, suspends handouts in virus-led austerity drive

The austerity drive could stir public resentment amid an already high cost of living and intensify s...
Concerns over unfair practices, law enforcement cloud digital tax implementation
Business 4 months ago

Concerns over unfair practices, law enforcement cloud digital tax implementation

A government regulation in lieu of law (Perppu) issued last week serves as the legal basis for the g...
Attention, shoppers: New regulation on imported goods to take effect Jan. 30
Business 6 months ago

Attention, shoppers: New regulation on imported goods to take effect Jan. 30

Finance Ministerial Regulation (PMK) No.199/2019 sets the maximum value of non-taxable imported good...
E-commerce dominates in 2019 with Tokopedia topping the list
Business 7 months ago

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E-commerce dominates in 2019 with Tokopedia topping the list

The e-commerce sector in Indonesia grew at a compound annual growth rate (CAGR) of 88 percent from 2...
Govt's import tax plan faces backlash from merchants and buyers
Business 7 months ago

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Govt's import tax plan faces backlash from merchants and buyers

Merchants and buyers are objecting to welcoming the New Year with a new policy that essentially hike...
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