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The Asian Affairs > Latest News > VAT

Tag Archives: VAT

Business

US declines tax policy, Indonesia not yet able to charge tax on digital services

By The Asian Affairs
July 21, 2020
in :  Business, Indonesia

It seems that digital companies based in the United States (US) that operate in several countries including Indonesia, such as streaming services Netflix, social media Facebook, digital music streaming Spotify, also giant e-commerce Amazon, cannot yet be charged digital tax in the near future. This was stated by Minister of Finance Sri Mulyani who said that Indonesia and the major …

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Ministry of Energy to support large entrepreneurs and corporations, first by reducing utility bills
Economy

Ministry of Energy to support large entrepreneurs and corporations, first by reducing utility bills

By The Asian Affairs
April 17, 2020
in :  Economy, Thailand

The Energy Ministry confirmed the private sector’s call for it to reduce the price of electricity by 5 per cent for large enterprises and is looking into what can be done to help them, Energy Minister Sontirat Sontijirawong has said. He added that initially the Energy Regulatory Commission (ERC) had told the Electricity Generating Authority of Thailand (Egat) and the …

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