Tag: tax
Indonesia Prepares to Implement 15% Global Minimum Tax Starting in 2025
Starting in 2025, Indonesia will officially adopt the global minimum tax (GMT), an initiative led by the Organisation for Economic Cooperation and Development (OECD)...
Attention! Building and Renovating Your Own Home Will Be Subject to...
The Indonesian government plans to implement a 2.4% tax on individuals building their own homes starting in 2025. This upcoming policy has sparked widespread...
Food and Beverage Tax Remains at 10% Despite Entertainment Tax Increase...
The recent increase in entertainment taxes has sparked significant debate, particularly among business owners. In various regions across Indonesia, including Jakarta, entertainment tax rates...
Indonesia’s Tax Ratio Still Low Compared to ASEAN and G20 Countries
Minister of Finance Sri Mulyani Indrawati has highlighted a concern regarding Indonesia's tax ratio in relation to its gross domestic product (GDP), stating that...
Incentive Strategies Unveiled by Minister Airlangga Hartarto Following Entertainment Tax Hike
Minister of Economic Affairs Airlangga Hartarto has announced the development of incentives in response to the increase in entertainment tax for specific venues, rising...
Indonesia Adopts Strategic Measures to Achieve 2024 Tax Goal of IDR...
Tax collection is crucial for Indonesia's income, funding various development programs and supporting fiscal sustainability. Given its importance, the government is taking steps to...
A Budget of IDR 2 Trillion Allocated for Tax-Free New House...
The government of Indonesia has unveiled a comprehensive package of incentives aimed at rejuvenating the country's property sector. One of the key initiatives in...
Indonesia to Implement 15% Minimum Tax on Global Corporations Like Google...
In a significant move, Indonesia is poised to embark on the implementation of a global corporate minimum tax of 15% in the upcoming year....
The Government Aspires to Simplify Tax Payments, Similar to Buying Mobile...
The Indonesian government remains steadfast in its commitment to enhancing public services across various sectors. One pivotal area that has come under the spotlight...
DJP Imposes Lower Tax Rates on Collateral Goods in Auctions to...
The Directorate General of Taxes (DJP) of the Ministry of Finance has recently revealed that the Indonesian government is currently imposing a Value Added...