Indonesia imposes 10 pct VAT on Amazon, Google, Netflix and Spotify

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Indonesia's digital economy is expected to reach US$130 billion by 2025.

Indonesia imposed a 10 percent value-added tax on sales by technology firms including Amazon, Netflix, Spotify and Google on Tuesday, as spending patterns shift with increased remote working as a result of the coronavirus crisis, which has hit state finances.

The Southeast Asian country’s tax office said in a statement that it had already assigned tax identification numbers to Amazon Web Services, Netflix, Spotify and Alphabet’s Google for its Google Asia Pacific, Google Ireland, and Google LLC units.

 

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