The technology of 3D printing can simplify a supply chain to two entities: a designer preparing the blueprint and the printer at the other end. Particularly in Asian and other less developed countries e.g., the Philippines, where customs authorities (and the government) often depend on customs and value-added tax (VAT) earnings for their wages and bonuses, this trend is unlikely to pass unnoticed.
Source: EY TaxInsights
Latest Posts in "Indonesia"
- Government Considers VAT Rate Cut to Stimulate Consumer Spending Amid Economic Slowdown
- Indonesia Updates Digital Tax Rules for E-Commerce Sector
- Government Announces 50% VAT Discount on Airfare for Christmas and New Year Holidays
- Indonesia Extends Full VAT Relief on Housing Purchases Through 2026 to Boost Economy
- Indonesia, EU Finalize Free Trade Agreement to Counter US Tariffs