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Indonesia collects $20.9m in digital tax as of October

Indonesia has collected Rp 297 billion (US$20.9 million) from 22 digital technology companies under the new digital tax, the Finance Ministry’s Taxation Directorate General said Monday. The tax office has appointed dozens of technology companies and e-commerce platforms to be value-added tax (VAT) collectors in its efforts to tax digital business activity in the country. […]

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RCEP to help Indonesia climb out of recession

JAKARTA: The Regional Comprehensive Economic Partnership (RCEP) is expected to play a large role in promoting economic and trade relations between Indonesia and China, Indonesian experts said. “We’ve just fallen into recession and if RCEP is successful in improving economic relations, Indonesia will perhaps be able to climb out of recession through cooperation with China […]

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