Indonesia, VAT

Indonesia presses ahead with VAT hike across the board, not only luxury goods
Indonesia on Monday decided to go ahead with a wide-ranging increase in the value-added tax rate to 12% next year, reversing a plan to only apply the hike to luxury goods, but will introduce measures to soften the blow on lower-income earners.
Indonesia to Hike VAT Next Year, Offers Perks to Soften Blow
Indonesia will proceed with its value-added tax hike in 2025, while offering a raft of incentives to mitigate the impact on consumption and economic growth.
Indonesia unveils US$50 billion economic policy package to ease VAT hike impact
Indonesia has unveiled an economic policy package to soften the blow of an increase in value-added tax (VAT) on goods and services from Jan 1. The stimulus package, worth more than US$50 billion, is aimed at supporting the weakening purchasing power of middle- and low-income communities.
Indonesia announces economic policy package to ease VAT hike impact
Indonesia on Monday announced economic measures to soften the blow of an increase in the value-added tax rate, including electricity tariff cuts, incentives for labour-intensive industries, and VAT exemption on some property sales.
Indonesia scales back VAT hike after public backlash
"premium" goods and services following a public backlash. The hike, from 11% in 2022, was prescribed in a law on tax issued in 2021 and was initially supposed to cover a broad range of items. But a rising public backlash in the past few months,
Indonesia to provide 50 percent electricity discount amid VAT hike
Finance Minister Sri Mulyani Indrawati has announced a 50 percent electricity discount for January and February 2025 to protect people's purchasing power
Tempo3h
Lowest and Highest VAT Rates in the World: Where Does Indonesia Fall?
With the rise of Indonesia's VAT rate to 12%, the public began to ask which country has the highest VAT rate in the world.
Jakarta Globe4d
Indonesia to Raise VAT to 12 Percent on January 1
Jakarta. The value-added tax (VAT) hike to 12 percent will officially enter into force in January 1, according to Chief ...
Indonesia goes ahead with VAT hike, offers perks to soften blow
JAKARTA: Indonesia will proceed with its value-added tax hike in 2025, while offering a raft of incentives to mitigate the ...
Tempo50m
Indonesia Targets 16 Million Foreign Tourist Arrivals in 2025
The Ministry of Tourism (Kemenpar) has set a target of attracting between 14.6 and 16 million foreign tourists to Indonesia ...
Jakarta Globe3d
VAT Expansion in Indonesia Targets Premium Goods, Critics Warn of Economic Strain
Indonesia’s VAT hike to 12% in 2025 will expand taxable goods, including items once VAT-free, says economist Andri Perdana.
Indonesia presses ahead with VAT hike across the board, not just for luxury goods
The Indonesian govt will also introduce measures to soften the blow for lower-income earners. Read more at straitstimes.com.
eVnExpress on MSN1d
Indonesia rolls out $52B stimulus package for 2025
Indonesia has unveiled economic stimulus packages totaling IDR827 trillion (US$51.65 billion) for 2025, designed to mitigate ...