Indonesia’s Strategic Shift: Balancing Global Tax Compliance with Investor-Friendly Incentives
The Indonesian government is gearing up to implement the Global Minimum Tax (GMT) at a minimum effective rate of 15%...
Taxes
Finance Ministry Increase Value Added Tax
Finance Minister Sri Mulyani Indrawati has decided to increase Value Added Tax (VAT) from 10 to 11 percent, taking effect...
The Omnibus Law’s Tax Implications for You and Your Business
Many things have been put on hold as the world has locked itself down, gripped by fear. While Indonesia has...
Government Plans to Decrease Property Tax to Attract Investment
Indonesia plans to cut taxes on luxury properties and revise other tax rules in a bid to support the real...
Indonesian Ministry of Industry Proposes the Reduction of Import and Luxury Taxes for Sedans
(Retrieved from Kontan Harian) The Ministry of Industry is looking to revise the structure of automotive taxes. One of the...
Credit Cards to be Removed from Obligatory Tax Report for Expats
The government will no longer want to see credit bills to assess taxes owed by expats. This come as new...
Indonesia Targets Tax Cheats With New Bank Rules
New banking rules will help authorities trade account data with overseas counterparts as part of an international effort to nab...
Tax Amnesty is Spurring Locals to Shop for Overseas Property
Indonesia?s tax amnesty policy is helping foreign property developers attract more interest from locals looking to buy property overseas....
Homes For Expats in Jakarta May Get More Costly Due to MRT
The Jakarta Provincial Government predicts that the city’s MRT project will end up raising property taxes by up to 30...
Expats Buying Luxury Homes and Condos to Pay 20 Percent Tax
The government has given foreigners permission to own homes, but only under certain provisions. Now, buyers must pay a new...