Indonesia MOF Announces Excise Tax Rate Increases for Tobacco Products

December 16, 2021, 5:00 AM UTC

The Indonesian Ministry of Finance Dec. 13 announced an average increase of 12 percent for the excise tax rate on tobacco products, effective Jan. 1, 2022. The announcement also includes a maximum increase of 4.5 percent for the excise tax rate on hand-rolled kretek cigarettes. [Indonesia, Ministry of Finance, 12/13/21]

Reference:
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