VAT news tagged as "Bricks and morter"

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 …