VAT
Two petitioners from the book industry have asked the Supreme Court to declare the 12 percent value added tax on digital books unconstitutional.
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Indonesia's government has capped domestic flight ticket price increases at 9 to 13 percent amid rising jet fuel costs. The measure provides government-borne VAT relief for economy class tickets. It applies for 60 days to protect consumer purchasing power.
Minister of Finance Ahmed Kouchouk has issued two ministerial decrees introducing new facilitations for Value Added Tax (VAT) taxpayers, aiming to strengthen trust and partnership between the government and the business community. The first decree amends executive regulations of the VAT Law, while the second establishes a new accounting framework for contracting and construction agreements. These changes seek to simplify tax procedures and foster a transparent business environment.