Indonesia Levies 10 Pct Tax On Sales From Tech Firms
PYMNTS
JULY 7, 2020
The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6
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