Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Indonesia

Indonesian government plans to impose import taxes on software, books and other intangible goods,

byTahir Iqbal
12/12/2017
in Indonesia
Share on FacebookShare on Twitter

JAKARTA: The government is planning to implement the new online tax starting in January. But it is currently constrained by a world trade organization (WTO) moratorium on charging import tariffs for intangible goods. The moratorium is set to expire at the end of the year, but some countries are lobbying for the intangible tariff moratorium to be extended in the future.

Indonesia is one of several countries pushing for the moratorium to be permanently rescinded starting in 2018 so that they can impose value added taxes or import duties on software and paid digital downloadssuch as books, songs and similar products since they increasingly make up a major part of the rapidly growing e commerce market

You might also like

Indonesia records 2.68 percent January inflation using new formula

03/02/2020

Good time to invest in Indonesia: BI lauds country’s economic stability

30/01/2020

“It’s already come to an end in 2017, and we believe there needs to be equality between conventional trading and online .

Related Stories

Indonesia records 2.68 percent January inflation using new formula

byadmin
03/02/2020

Indonesia recorded annual inflation of 2.68 percent in January in applying a new formula for calculating its consumer price index...

Good time to invest in Indonesia: BI lauds country’s economic stability

byadmin
30/01/2020

Indonesia has proven its ability to maintain economic stability and resilience amid global uncertainties, a top central banker has said...

SoftBank offers to invest up to $40bn in Indonesia’s new capital

byadmin
21/01/2020

JAKARTA: Japan's SoftBank Group has offered to invest between US$30 billion and $40 billion in the development of the new...

Indonesia, UAE sign business deal worth B690 billion

byadmin
13/01/2020

JAKARTA: Indonesia signed 11 business deals with the United Arab Emirates worth a combined 314.9 trillion rupiah (690 billion baht)...

Next Post

Trade deficit widens 29% to $15.03b in July-Nov

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.