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Indonesia’s Standard VAT Hits 12%

Indonesia’s Standard VAT Hits 12%

by Teuvo Tuomi | Jan 17, 2025 | Indonesia, Investment, News, Reports, Technology

Indonesia’s standard VAT rate rose to 12% in January. This adjustment targets luxury goods and services while maintaining exemptions for essentials like staple foods and healthcare. For businesses, this change represents both a compliance challenge and an opportunity...

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