- Government retracts broad VAT increase on the final day of the year
- President Prabowo Subianto and Finance Minister Sri Mulyani Indrawati announce VAT hike from 11 percent to 12 percent will only affect luxury goods and services
Source: thejakartapost.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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