TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
press enter to search

LOG IN / REGISTER
The Jakarta Post - Logo Mobile

Popular Reads

No popular reads data found

Top Results

No results found. Please check your search term and try again

Can't find what you're looking for?

View all search results

Popular Reads

No popular reads data found

Top Results

No results found. Please check your search term and try again

Can't find what you're looking for?

View all search results

value-added-tax

Indonesia adds Twitter, Zoom to tech companies that must pay 10% VAT
Business 5 years ago

Indonesia adds Twitter, Zoom to tech companies that must pay 10% VAT

Indonesia on Tuesday added 12 more companies, including social media firm Twitter and video-conferencing site Zoom, to a list of internet-based businesses that must pay a 10% value-added tax on sales.
Facebook, TikTok among digital companies required to collect VAT in Indonesia
Business 5 years 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 services in Indonesia valued at least Rp 600 million a year or generate yearly traffic from at least 12,000 users will be required to pay the 10 percent VAT.
Taxing digital products
Editorial 5 years ago

Taxing digital products

The argument behind the law quite strong. It is imperative to create a level playing field because currently only domestic providers of digital products are obliged to collect the 10 percent VAT in accordance with the 2009 VAT Law.
Imposing VAT on digital economy is never easy
Opinion 5 years ago

PREMIUM
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 abroad to comply with domestic VAT regulations?
COVID-19: Key points of Germany's mega stimulus
Business 5 years 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 cuts to the VAT, handouts to families, and subsidies for greener transport options.
Higher Netflix bill? Govt to charge VAT on imported digital goods, services starting July
Business 5 years 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 business entities starting July 1.
Saudi triples VAT, suspends handouts in virus-led austerity drive
Business 5 years 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 scrutiny of lavish multi-billion dollar state projects and expenditure.
Concerns over unfair practices, law enforcement cloud digital tax implementation
Business 5 years 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 government to tax foreign digital companies with a “significant economic presence”.
Attention, shoppers: New regulation on imported goods to take effect Jan. 30
Business 6 years 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 goods at US$3 per shipment, far lower than the current $75.
E-commerce dominates in 2019 with Tokopedia topping the list
Business 6 years ago

PREMIUM
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 2015 to 2019 with a gross merchandise value (GMV) of US$21 billion.
The Jakarta Post - Premium Subscription Banner
The Jakarta Post
The Jakarta Post - Apps Store Icon The Jakarta Post - Google Play Icon

© 2016 - 2026 PT. Bina Media Tenggara

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.