Indonesia Reduces Import Tax Threshold To Protect Smaller Firms
PYMNTS
DECEMBER 23, 2019
Indonesia has announced it’s going to reduce the threshold for taxing imported eCommerce consumer goods from $75 to $3, to help control the purchases of cheap foreign goods and help protect smaller Indonesian firms, according to a report by Reuters. Most of the shipments are from China, according to data from customs. . percent to 37.5
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