Indonesia MOF Issues Regulation on VAT Measures for Specific Taxable Services

The Indonesian Ministry of Finance March 30 issued Regulation No. 71/PMK.03/2022, on VAT measures for specific taxable services. The regulation provides that taxpayers must bill 10 percent of the VAT rate for postal/parcel delivery, travel agency, freight transport management, and specified marketing services. The regulation enters into force April 1. [Indonesia, Ministry of Finance, 03/30/22]…