Taxation

Taxable Goods Counting: Definition, Process, and Implementation

Taxable Goods Counting Definition, Process, and Implementation

Counting taxable goods is an essential step in maintaining accuracy and compliance with taxation regulations in Indonesia. In relation to this, Law Number 39 of 2007 concerning Amendments to Law Number 11 of 1995 concerning Excise Tax grants authority to customs and excise officials to conduct counting on certain taxable goods. Definition of Taxable Goods […]

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Indonesia VAT Rate for Import

Indonesia VAT Rate for Import

Indonesia, as one of Southeast Asia’s largest economies, has a well-defined Value Added Tax (VAT) system that significantly impacts importers. The VAT is an essential element in Indonesia’s taxation framework, aiming to standardize tax collection and promote fair competition among businesses. For companies involved in importing goods into Indonesia, understanding the intricacies of the VAT

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