Indonesia: Guidance on treatment of VAT
Guidance effective January 1, 2025
The Minister of Finance (MoF) on December 31, 2024, issued Regulation No. 131 of 2024 outlining the treatment of value added tax (VAT) in Indonesia effective January 1, 2025.
The Director General of Taxation (DGT) also issued technical guidance on VAT invoice preparation (PER 1 of 2025), which became effective January 3, 2025.
Read a January 2025 report prepared by the KPMG member firm in Indonesia