#value added tax

Collection of value added tax news, found 242 news.

Tax revenue dips 19.7 percent in 2020

The realization of tax revenue contracted 19.7 percent to Rp1,070 trillion as of December 31, 2020 from Rp1,332.7 ...

State revenue records 16.7% year-on-year decline in 2020

As of December 31, 2020, state revenue realization reached Rp1,633.6 trillion, or 96.1 percent of the revised state ...

Government's import duty waiver applicable on COVID-19 vaccines

The import of vaccine, raw material, and equipment for the production of vaccines will be entitled to a duty exemption ...

The third edition of CIIE is ready to kick off

- The third China International Import Expo (CIIE) is entering the final stage of preparations as a huge road paving ...

Total export value potential of halal food reaches US$229 million

Finance Minister Sri Mulyani revealed that the total potential value of Indonesian halal food exports reached US$229 ...

Realization of tax incentives stands at Rp30 trillion: minister

Finance Minister Sri Mulyani Indrawati underscored that out of the various tax incentives, totaling Rp120.6 trillion, ...

Sri Mulyani expects economic improvement to shore up tax revenue

Minister of Finance (Menkeu), Sri Mulyani Indrawati, said she expects the improvement in economic performance, ...

Government slashes 2021 state revenue target by Rp32.7 trillion

The government has reduced the state revenue target in 2021 by Rp32.7 trillion to Rp1,743.7 trillion, down from the ...

Customs provides Rp1.48 trillion in fiscal incentives amid COVID-19

The Directorate General of Customs and Excise (DJBC) of the Ministry of Finance has provided Rp1.48 trillion in fiscal ...

Economist envisages 2020 tax revenue to touch Rp1,223.2 trillion

Research Coordinator at Danny Darussalam Tax Center (DDTC) Denny Vissaro has projected this year’s tax revenue to ...

Government exempts import duties and import tax on goods for COVID-19

The government exempted import duties and import taxes on goods for COVID-19 response to all parties, including the ...

Indonesia's tax receipts until October cross Rp1,000 trillion

Indonesia's tax receipts until the end of October 2019 are estimated to have crossed Rp1,000 trillion, the ...

Minister optimistic of 2019 tax revenue target realization

Strong external pressure from the global economic slowdown failed to dampen Finance Minister Sri Mulyani ...

President expected to sign regulation on electric cars this week

Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan believes that President Joko Widodo (Jokowi) will sign a ...

Tax receipts expected to fall short of target

Indonesia's tax receipts in 2019 will probably fall Rp140 trillion short of its target in the state budget due to ...