Prabowo to Announce 12% VAT Hike Tomorrow
Indonesia, a important player in the global economy, is preparing for a significant change: a Value-Added Tax (VAT) increase. Effective January 1, 2025, the VAT rate will jump from 11% to 12%, a move driven by the Harmonization of Tax Regulations Law. This isn’t just an internal matter; it carries potential implications for international trade … Read more