KONTAN.CO.ID - JAKARTA. Indonesia has added more techology companies that will be obligated to apply 10% value-added tax on sales to Indonesian customers to include Facebook, Disney and TikTok, the tax office said in a statement on Friday. Southeast Asia's biggest country, which has a population of nearly 270 million people, announced last month it will impose 10% VAT on sales by technology firms including Amazon, Netflix, Spotify and Google, as spending patterns shift with increased remote working amid the pandemic, which has hit government finances. The additional companies announced on Friday include three units of Facebook, Tiktok Pte Ltd, Apple Distribution International Ltd, The Walt Disney Company (Southeast Asia) Pte Ltd, and more of Amazon's subsidiaries, including its audiobook unit Audible and its voice assistant Alexa.
Indonesia imposes 10% VAT on Facebook, Disney, Tiktok -tax office
KONTAN.CO.ID - JAKARTA. Indonesia has added more techology companies that will be obligated to apply 10% value-added tax on sales to Indonesian customers to include Facebook, Disney and TikTok, the tax office said in a statement on Friday. Southeast Asia's biggest country, which has a population of nearly 270 million people, announced last month it will impose 10% VAT on sales by technology firms including Amazon, Netflix, Spotify and Google, as spending patterns shift with increased remote working amid the pandemic, which has hit government finances. The additional companies announced on Friday include three units of Facebook, Tiktok Pte Ltd, Apple Distribution International Ltd, The Walt Disney Company (Southeast Asia) Pte Ltd, and more of Amazon's subsidiaries, including its audiobook unit Audible and its voice assistant Alexa.