- Indonesia considering reviving tax amnesty program next year
- Parliament adding Tax Amnesty Law revision to list of priority bills for 2025
- Public pushback against planned VAT hike from 11% to 12%
- Concerns about eroding domestic buying power and economic growth
- Calls for frugal living and protests against tax hike
- Balancing economic and fiscal health with weaker global growth and commodity prices
- Struggles with domestic consumption and economic expansion
- Tax amnesty could help build tax base and increase revenue
- Potential technical discussions with government on tax amnesty revival
- Previous tax amnesty programs in 2016 and 2022 collected significant revenue, but risked reducing tax compliance.
Source: theedgemalaysia.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Indonesia"
- Indonesia to Cover 100% VAT on Domestic Economy Flights Amid Rising Fuel Costs
- Indonesia Introduces Full VAT Incentive for Domestic Air Transportation Services in 2026
- Indonesia Grants 100% VAT Incentive for Domestic Air Travel in 2026
- VAT on Toll Roads: A Risky Move Threatening Indonesia’s Economy and Public Mobility
- Indonesia Waives VAT on Economy Flights to Lower Airfares Amid Rising Fuel Costs
