Value Added Tax Rate and Tax Base

Tax rates and tax base The VAT rate is typically 10%. This may be increased or decreased to 15% or 5% according to a government regulation. However, VAT on the export of taxable tangible and intangible goods as well as export of services is fixed at 0%. Certain limitations for the zero-rated VAT apply to… Read More

The introduction of Indonesian Value Added Tax

General VAT is typically due on events involving the transfer of taxable goods or the provision of taxable services in the Indonesian Customs Area. The taxable events are:  Deliveries of taxable goods in the Customs Area by an enterprise;  Import of taxable goods;  Deliveries of taxable services in the Customs Area by an enterprise;  Use… Read More