Taxation Archives - Page 2 of 2

Indonesia’s New Tax System: CoreTax – 4 Benefits and Challenges for Business Owners

In a bold step towards simplifying tax administration and improving compliance, Indonesia has introduced a new tax system called CoreTax. This overhaul of the country’s tax framework aims to modernize the tax system, streamline processes, and reduce the compliance burden on businesses. But what exactly is CoreTax, why is it a positive change for Indonesia’s […]

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Indonesia’s 2025 Socio-Economic Outlook: Business Perspectives on New Regulations, Leadership, and Tax Policies

As Indonesia approaches 2025, the country finds itself at a crossroads, poised for transformation on multiple fronts. With a new president taking office, groundbreaking regulatory reforms underway, and a shift in tax policies that promises to reshape the business landscape, Indonesia is heading toward an era of economic growth driven by innovation, sustainability, and global

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Indonesia’s VAT Increase to 12%: What It Means for Investors and the Economy

In a significant move aimed at boosting state revenue, Indonesia has increased its Value Added Tax (VAT) rate from 11% to 12%, effective January 2025. This change marks one of the most important tax adjustments in recent years and comes as part of broader efforts to strengthen Indonesia’s fiscal position and support its growing economy.

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