Indonesia Announces Economic Policy Package to Ease Impacts of VAT Hike

TAX - JAKARTA. Indonesia on Monday announced a series of economic measures to soften the blow of an increase in the value-added tax rate, including some incentives for labour-intensive industries and extension of VAT exemption on some property sales.

The government has previously said Indonesia would increase VAT to 12% from the current 11% in January 2025.

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