KONTAN.CO.ID - JAKARTA. Indonesia has added eight more technology companies, including Alibaba Cloud (Singapore) Pte Ltd and Microsoft Corp, to a list of businesses that must pay a 10% value-added tax (VAT) on sales. The country's tax authority has named 36 companies including the latest additions as liable to pay VAT since July 7 when it listed Netflix Inc and Alphabet Inc's Google Asia Pacific among other tech firms. The other six named on Friday were GitHub Inc, Microsoft Regional Sales Pte Ltd, UCWeb Singapore Pte Ltd, To The New Pte Ltd, Coda Payments Pte Ltd and Nexmo Inc.
Indonesia adds Microsoft, others to list of tech firms that must pay VAT
KONTAN.CO.ID - JAKARTA. Indonesia has added eight more technology companies, including Alibaba Cloud (Singapore) Pte Ltd and Microsoft Corp, to a list of businesses that must pay a 10% value-added tax (VAT) on sales. The country's tax authority has named 36 companies including the latest additions as liable to pay VAT since July 7 when it listed Netflix Inc and Alphabet Inc's Google Asia Pacific among other tech firms. The other six named on Friday were GitHub Inc, Microsoft Regional Sales Pte Ltd, UCWeb Singapore Pte Ltd, To The New Pte Ltd, Coda Payments Pte Ltd and Nexmo Inc.