Indonesia’s Minister of Finance announced on 3 September 2019 the Government’s plan to introduce legislation on a number of tax changes (the New Tax Law). The New Tax Law will impact the Income Tax, Value Added Tax (VAT), and General Tax Provision laws. The legislative process is at a very early stage and many key aspects of the proposals will not be clear until the draft law is circulated to the public.
Source: EY
Latest Posts in "Indonesia"
- Indonesia Grants Full VAT Exemption on Domestic Eid Flights to Boost Holiday Travel
- Indonesia to Cover VAT on Domestic Airline Tickets During Eid al-Fitr Holiday Period
- Finance Ministry Probes 40 Steel Firms for Rp5 Trillion Annual VAT Losses
- Finance Ministry to Inspect Steel Giants After Uncovering Widespread VAT Evasion Scheme
- VAT Registration and E-Faktur Compliance in Indonesia: Key Challenges for Foreign Investors
