• 11/25/2024

Indonesia’s planned 12% VAT rate angers public, sparks ‘structural frugal living’ boycott

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Analysts say the hike could add to the middle class’ financial burden, with some Indonesians planning to avoid buying goods subject to VAT.

https://www.scmp.com/week-asia/economics/article/3287401/indonesias-planned-12-vat-rate-angers-public-sparks-structural-frugal-living-boycott?utm_source=rss_feed