She said the bill would achieve the two goals by, among other things, introducing higher income taxes on wealthy citizens, tiered value-added tax (VAT) rates, a second tax amnesty and carbon taxes on high-emission goods and services.
Source: thejakartapost.com
Latest Posts in "Indonesia"
- VAT Refund Processing for Foreign Passport Holders During Coretax Downtime
- Indonesia Offers 0% Tax Incentive for Compliant Exporters
- Indonesia POS and Fiscalization Requirements: VAT, Receipts, Reporting, and Payment Methods Explained
- Indonesia POS and Invoicing: No Fiscalization, Flexible Receipts, Electronic Invoices Allowed
- Indonesia Proposes 40-100% VAT Incentives for Pure Electric Vehicles, Excludes Hybrids
