- Indonesian Finance Minister confirmed VAT rate will increase from 11% to 12% in 2025
- Increase will take effect on 1 January 2025
- Calls to maintain current rate to avoid pressure on consumers were not heeded
Source: orbitax.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.
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