Indonesia

Indonesian VAT rates

October 15th, 2018

Small enterprises may apply for the simplified Flat Rate scheme, which charges a rate of between 1% and 4% on turnover only. A Luxury Tax of between 10% and 125% is also applied to certain goods, including: high-value real estate; automobiles; and alcohol. The following rates apply to taxable supplies:


Indonesia

Indonesia

October 15th, 2018

Indonesia implemented Value Added Tax, Pajak Pertambahan Nilai, in 1984. It is administered by the Directorate General of Taxation.


Indonesia

Indonesia drops Luxury Goods Sales Tax

June 13th, 2015

Indonesia is to withdraw its high rate luxury tax in a bid to stimulate consumption and spending. The tax is levied at between 10% and 125% depending on the nature of the goods. Indonesia’s growth has fallen in the past year, and consumption has been the biggest loser. Goods subject to the tax include: phones; …


Indonesia

Indonesia wants VAT on e-commerce

August 30th, 2014

Indonesia is the latest Asia Pacific country to indicate it wants to start levying VAT on e-commerce sales of goods to consumers. Currently, domestic online retailers are exempt from the Indonesian VAT, which is charged at 10%.  However, the Finance Ministry is concerned that this gives it an unfair advantage over bricks and mortar retailers …


Indonesia

Indonesia changes VAT return from June 2013

July 4th, 2013

Changes to the Indonesian VAT and invoice regime mean that new VAT returns must be used from the reporting period ended June 2013.  The new return takes into account the new electronic VAT invoice numbering system. Introduction of electronic VAT invoices This new system was introduced by the Director General of Tax from 1 April …


Indonesia

Indonesia updates its VAT invoice requirements

April 17th, 2013

From the start of this month, all VAT registered business will be required to start using the new standard VAT invoice reference numbers, issued by the tax authorities (DGT). Companies must apply for registration with the new invoice issuing number online system, and obtain and activation code.  This will enable it to go online a …