Jokowi Unveils $186b Budget, Focuses Recovery Efforts on IT, Healthcare, Food Security

... ,748 trillion ($186 billion) and revenue at Rp 1,776 trillion ... the Covid-19 pandemic undermined tax revenue and raised spending for economic ...

TikTok, Facebook, Disney, Apple Agree to Collect 10% VAT for Indonesia

... government effort to collects state revenue from cross-border digital ... transactions that until recently go tax-free. Hestu Yoga Saksama, ... collect and report the tax" to the tax office. So from ... to expand the base for tax revenue by tapping into the country ...

As Money Printer Goes Brrr, The Onus Is Now on Bureaucrats to Spend

... additional spending, coupled with lower tax revenue amid the pandemic, widened the ...

Second Revision to State Budget Expected as Gov't Expands Covid-19 Relief Package

... as the government projects lower tax revenue despite bills piling up for ... projected Rp 1,761 trillion. Tax, customs and excise revenues are ... 1,463 trillion outlook. Non-tax revenues are expected to reach ...

No Comment, Just Yet: Indonesia Silent on Trump's Plan to Fight Netflix Tax

... begun investigating digital service tax proposals from the European ... government sought to increase tax revenue and find extra funding ... said the digital services tax is unfairly targeting US ... trading partners are adopting tax schemes designed to unfairly ...

Kalbe Farma and South Korea's Genexine to Start Human Trial for Covid-19 Vaccine

... largest listed pharmaceutical company by revenue, is set to conduct human ... plan to cut corporate income tax from 25 percent to 22 ...

What About Us?: Indonesia's Private Employers Demand More Stimulus

... third of Indonesia's annual tax revenue. Gita said the growth of ... for the government's various tax cuts, they would be meaningless ... place. "We need more than tax cuts. We also need subsidies ...

Central Bank Buys $1.6b in Gov't Bonds and Set to Buy More

... in at least three decades. Tax revenue is also expected to shrink ...

Indonesia Eyes Biggest Deficit in Three Decades as the Country Sets to Cut Corporate Income Tax

... said. The ministry estimated tax revenue would shrink 9.2 percent ... , while non-tax revenues, including dividends from ... government also provides various tax incentives for SMEs and ... the government also expanded tax incentives so that more businesses ...

Indonesia to Start Collecting 10% VAT From Netflix, Spotify in July

... threshold, should collect the tax from the customers, and ... government every month. The tax office would later determine the ... , collecting the value-added tax on digital products from abroad ... also expected to increase state revenue, which currently is a ...