Indonesia Seeks More Companies to Collect VAT From Digital Sales

Sept. 9, 2020, 5:09 AM

Indonesia is targeting more foreign companies to collect VAT for digital sales, including those with high advertising revenue such as Instagram, according to an official at the Finance Ministry’s tax office.

  • The govt will continue to identify and communicate intensively with foreign companies that sell digital goods and services to residents to become VAT collectors, Spokesman Hestu Yoga Saksama says by phone on Wednesday
  • The ministry picked another 12 cos. as VAT collectors, including Twitter, Skype, Zoom, and LinkedIn
    • The new appointed cos. will start collecting 10% tax on digital products and services on Oct. 1
    • Indonesia to start receiving ...

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